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China’s economy faces challenges despite latest moves to stimulate growth

5 min read . Updated: 27 Nov 2022, 08:26 PM IST STELLA YIFAN XIE, The Wall Street Journal

Chinese President Xi Jinping. (AP) — Chinese President Xi Jinping. **(AP)**

Steps to fine-tune Covid controls and boost the property market aren’t likely to restore China to rapid expansion, economists say

China’s recent steps to adjust Covid-19 controls and revive activity in the beaten-down property market stirred hopes that Chinese leader Xi Jinping is putting fresh emphasis on measures to support the economy, potentially leading to a strong rebound in growth next year.

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