China’s economy is in some respects faring worse than in 2020 when the pandemic first emerged, Premier Li Keqiang said, urging efforts to reduce a soaring unemployment rate. “Economic indicators in China have fallen significantly, and difficulties in some aspects and to a certain extent are greater than when the epidemic hit us severely in 2020,” Li said Wednesday at an emergency meeting with thousands of representatives from local governments, state-owned companies and financial firms on stabilizing the economy. China’s full-year growth in 2020 was 2.2%. His remarks came after economists surveyed by Bloomberg forecast China’s economy will grow 4.5% this year, well below the government’s target of about 5.5%. Beijing’s priority on coronavirus control is raising the prospect that it will admit to missing its GDP target by a large margin […]