EIJING, April 29 (Reuters) – China will step up policy support for the economy, including its embattled internet platforms, as domestic COVID-19 outbreaks and the war in Ukraine raise risks, a top decision-making body of the ruling Communist Party said on Friday, lifting markets.
Beijing has set an economic growth target of 5.5% this year, which private economists have said will be difficult to reach without significant stimulus, as lockdowns and other heavy curbs to battle the pandemic create havoc for supply chains.
