MP Econ Issue 13: Point of No Return: Beijing’s Move to Covid Coexistence Is Here to Stay
macropolo.substack.com
With China’s upcoming Central Economic Work Conference (CEWC), markets will be looking for any pro-growth signals after a year of turbulence. But the most consequential action for growth has already happened: the decision to abandon Zero Covid. The key questions now are 1) will the Zero Covid exit endure? 2) how much will property rebound? 3) will there be more significant stimulus?
MP Econ Issue 13: Point of No Return: Beijing’s Move to Covid Coexistence Is Here to Stay
MP Econ Issue 13: Point of No Return…
MP Econ Issue 13: Point of No Return: Beijing’s Move to Covid Coexistence Is Here to Stay
With China’s upcoming Central Economic Work Conference (CEWC), markets will be looking for any pro-growth signals after a year of turbulence. But the most consequential action for growth has already happened: the decision to abandon Zero Covid. The key questions now are 1) will the Zero Covid exit endure? 2) how much will property rebound? 3) will there be more significant stimulus?