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Chinese President Xi Jinping pledged to meet economic targets for the year even as the government’s zero tolerance approach to combating COVID-19 outbreaks and a weak housing market put the growth goal further out of reach.

In a keynote speech to a virtual BRICS Business Forum on Wednesday, Xi said China will “strengthen macro-policy adjustment and adopt more effective measures to strive to meet the social and economic development targets for 2022 and minimize the impacts of COVID-19,” according to a Xinhua report.

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