China won't have a 'normal' economy without tackling Covid first, senior Chinese official says

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China won't have a 'normal' economy without tackling Covid first, senior Chinese official says
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Beijing has emphasized its 'dynamic zero-Covid' policy, even as economists have cut forecasts for China's GDP growth given the impact of lockdowns.

Since March, mainland China has struggled to contain its worst Covid outbreak since the initial shock of the pandemic in early 2020.

The daily case count has fallen significantly in the last week, while in previously locked down areas, schools and businesses have reopened. However, Shanghai and Beijing have retained, if not tightened, many restrictions on business and travel.Mohamed El-Erian: 'Full-scale stagflation worries' on China Covid concerns slammed global stocks

Han on Thursday also called for speeding up implementation of economic support policies — ideally all in the first half of the year. He said the country's fiscal and monetary policy, among others, had sufficient space and a variety of tools with which to act. He did not elaborate on specifics. The country will take another step toward strengthening relevant measures, he said. "We will act when it's time to act."

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