Possible China Covid Reopening Prompts Jittery Markets, Intense Speculation

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Possible China Covid Reopening Prompts Jittery Markets, Intense Speculation
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The lack of clarity around whether or not China will ease its Covid-19 strategy is prompting a guessing game. Investors are making bets that the country will open up soon, while others are more cautious.

Despite a rise in infections in many parts of the country and continued lockdowns, investors bet the country will open up soon

Xi Jinping welcomed German leader Olaf Scholz to Beijing on Friday as the countries agreed to approve BioNTech’s Covid-19 vaccine for foreign residents in China. The chancellor has sought to preserve economic ties while responding to Beijing’s support for Moscow amid the Ukraine war. Photo: Pool/via Reutersits Covid-19 strategy

is prompting a guessing game, with investors making bets that the country will open up soon, while others are more cautious. China has kept in place severe Covid controls as the rest of the world has opened up. Many had expected that the end ofContinue reading your article with

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