Global Banks Forecast End of Zero-Covid in China: With Beijing recently tweaking the nation’s zero-Covid policy, there is more optimism in the air that a reopening in China may finally be just around the corner.… zeroCovid GoldmanSachs CreditSuisse
Earlier this month, health officials in China delivered some positive news about refinement of the country’s zero-Covid policy with the pledge to avoid excessive interruption to public life. Some of the changes include the scrapped requirement by local governments to track certain civilians affected by the virus.
According to a Goldman Sachs research note, a zero-Covid exit could likely occur soon after China's «Two Sessions» – a key annual meeting with the country’s top legislature and political advisory body – with a 60 percent probability placed on a reopening in the second quarter and a 30 percent chance for an earlier move.
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