China’s pledges for more economic support are mounting as a worsening Covid outbreak and efforts to contain infections threaten to upend global supply chains and push a critical government growth target out of reach.
President Xi Jinping has made clear he’s sticking with China’s strict Covid Zero strategy, which involves locking down entire cities and provinces to eliminate community spread of the virus. To limit the disruption to the economy though, Beijing is taking a number of supportive steps, from central bank aid and tax cuts, to measures that allow factories to keep running.
With outbreaks in places like ...
