China’s Xi says economic recovery ‘still at critical stage’: state media

President Xi Jinping said that China’s economic recovery is at a “critical stage”, state broadcaster CCTV reported Friday, as sluggish domestic activity and property sector woes drag on a post-pandemic rebound.

“At present, the country’s economic recovery is still at a critical stage,” at a meeting of China’s Communist Party Politburo, the country’s top decision-making body, according to CCTV.