Coronavirus: China’s risky plan to revive the economy

Beijing is targeting a second-quarter rebound but the crisis has exposed the limitations of the system under Xi Jinping. Chinese leaders used to worry about when economic growth might slip below the level of 6 per cent to avoid job losses and social unrest. But now, as they face the prospect of the first quarter of zero or negative growth since the chaos of Mao Zedong’s cultural revolution, they … https://on.ft.com/333Zxmu

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