Posted inChina

Market memo to Beijing: scrap zero-Covid now

As China’s economy slows, markets are telling President Xi Jinping exactly what they want from his government: a clean break with the “zero-Covid” era. The signal from massive market rallies last week is that pulling off a rebound in Chinese growth — and restoring confidence among overseas investors —could be remarkably simple. Beijing’s 20-point move to ease […]

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