China Vows Stronger Policy to Boost Jobs as Covid Rages

The transcript discusses China's economic challenges, focusing on the inability to meet growth targets due to lockdowns. Policymakers are implementing measures to stabilize employment and provide economic support. The State Council is calling for increased infrastructure spending and job creation. Updates on COVID-19 outbreaks in Shanghai and Beijing indicate some stabilization, but certain areas remain under lockdown.

What is the current situation regarding the outbreaks in Shanghai and Beijing?

What is the significance of the city EWU into Jiang in the context of the lockdown?