China reportedly delays key economic meeting amid signs of surging infections

Published Tue, Dec 13, 2022 · 10:01 PM
    • The Chinese leadership is expected to map out further stimulus steps and discuss keenly anticipated growth targets in the annual three-day session.
    • The Chinese leadership is expected to map out further stimulus steps and discuss keenly anticipated growth targets in the annual three-day session. PHOTO: REUTERS

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    CHINESE leaders have reportedly delayed a key economic policy meeting amid growing signs that Covid-19 infections are surging nearly a week after Beijing jettisoned some of the world’s toughest restrictions.

    President Xi Jinping, along with other Politburo members and senior government officials, had been expected to attend the closed-door Central Economic Work Conference most likely this week, to chart a policy course for the embattled Chinese economy in 2023.

    A Bloomberg News report on Tuesday (Dec 13) night, citing people familiar with the matter, said that the meeting had been delayed, and that there was no timetable for rescheduling.

    Policy insiders and business analysts said that the leadership was expected to map out further stimulus steps and discuss keenly anticipated growth targets in the annual three-day session.

    The delay comes as authorities continue to overturn the previously resolute “zero-Covid” policy championed by Xi. REUTERS

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