Technical Analysis

Goldman Sachs: China may end Covid Zero policy before April (earlier than widely expected)

Eamonn Sheridan

Goldman Sachs says:

  • China may end its Covid Zero policy before April — earlier than widely expected – forecasts a 30% probability of China reopening before the second quarter of 2023
  • some chance of a “disorderly” exit
  • “The central government may soon need to choose between more lockdowns and more Covid outbreaks,”
  • Local governments have struggled to “balance quickly” controlling the spread of the virus while obeying recent measures mandating a more targeted approach

Most Popular

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button