
China's President Xi Jinping vows to 'minimize' the economic impact of Covid spike
CNN
As Covid makes a resurgence in China, the country's leader signaled that his focus this time around is on containing the collateral damage to its huge economy.
China must "strive to achieve the maximum prevention and control at the least cost, and minimize the impact of the epidemic on economic and social development," President Xi Jinping said Thursday at a closed-door meeting of the politburo standing committee, China's top decision-making body.
Xi's statement may serve as a tacit acknowledgment of the impact of China's zero-Covid strategy and its strict lockdowns on the world's second largest economy.

President Donald Trump issued a stark threat to defense contracting companies on Wednesday, saying he would seek to limit stock buybacks and executive salaries unless they improve their delivery of weapons systems to the US military hours before saying he’d decided to substantially increase the defense budget.












