- Chinese President Xi Jinping want's his country's GDP to outpace the US, despite lockdowns, the Wall Street Journal reports.
- To do so, he has ordered officials to make sure his country's economy is growing, the WSJ reported.
- Officials in response have planned for construction projects in sectors like tech, food, and energy.
Chinese President Xi Jinping ordered his senior officials to ensure that China's GDP outpaces that of the US despite an onslaught of COVID-19 lockdowns, people familiar with the discussions told the Wall Street Journal.
Sources told the Wall Street Journal that Xi told China's financial and economic officials to make sure his country's economy is growing so that China looks better than a Western alternative.
In response, Chinese government agencies are eyeing future construction projects in sectors like technology, food, energy, and manufacturing, the Wall Street Journal reported.
Last year, US economic growth outpaced that of China — US growth stood at 10.1%, with China at 8.1%.
"For the first time in 20 years, our economy grew faster than China's," President Joe Biden said in January.
But a renewed COVID-19 crisis in China has spurred fears of economic troubles, unemployment, and supply chain issues.
Cities and regions across China — including the financial hub of Shanghai — have been sent into lockdown in recent weeks following a surge in COVID-19 cases.
The lockdowns have led to public outrage as authorities continue to try and stamp out virus clusters with travel restrictions and mass testing.