Goldman Sachs analysts believe China could end its zero-covid policy before April, ahead of schedule.
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“China could end its covid-zero policy before Aprilsooner than widely expected. He forecasts a 30% chance that China will reopen before the second quarter of 2023..”
“There are some possibility of a “disorderly” exit“.
“The central government might have to choose soon between more lockdowns or more covid outbreaks“.
“Local governments have struggled to ‘quickly balance’ control of the spread of the virus while complying with recent measures mandating a more targeted approach.”
“still come an exit from the zero-covid policy in the second quarter as the highest probability of that happening, around 60%“.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
