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Financial Times
Financial Times
Business
Sun Yu in Zhengzhou and Tom Mitchell in Singapore

Can Xi Jinping vanquish Covid without crushing China’s economy?

If the world’s second-largest economy shows any sign of recovery from its Covid-induced slump, Wang Neng should be among the first to know.

But so far, he sees few indications of that. Like many small businesses in China, Wang’s cement mixing station in central Henan province has been hit hard by controversial lockdowns in dozens of cities ordered by President Xi Jinping to stamp out outbreaks of the Omicron variant.

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