China may end its Covid Zero policy earlier than previously expected, with chances growing of a messy exit as infections spread and residents protest virus controls, according to analysts including from Goldman Sachs Group Inc.
Goldman said there’s some chance of a “disorderly” exit as it sticks to a forecast of a 30% probability that China will reopen before the second quarter of 2023. Teneo Holdings LLC said the social unrest could prompt the government to move faster in adjusting its zero-tolerance approach to combating infections.
