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China’s economy resilient despite uncertainties precipitated by Ukraine crisis

Economic system7 hours ago (Mar 06, 2022 09: 51PM ET)

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© Reuters. Of us sporting retaining masks consult with a major having a gaze set in Shanghai, China January 21, 2022. REUTERS/Aly Tune/Recordsdata

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BEIJING (Reuters) – China’s economy stays resilient despite rising uncertainties precipitated by the Ukraine crisis, the country’s converse planner acknowledged on Monday.

China will increase coverage coordination and scuttle up the roll-out of policies beneficial for enhance, Lian Weiliang, a vice head on the Nationwide Trend and Reform Payment, told a news convention.

Beijing has targeted slower economic enhance of spherical 5.5% this year amid an unsure global recovery and a downturn in the country’s huge property sector.

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