Xi Must End Covid-Zero Shadow Over World Economy
Nothing matters more to investors than when China will end the policy of lockdowns to eradicate outbreaks. It might even be popular at home.
The global economy is waiting for China to move past Covid Zero.
Photographer: Hector Retamal/AFP/Getty
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China’s 20th party congress casts a global shadow. And yet what is set up to be a “new” regime in China seems beset with many things old. President Xi Jinping will almost certainly secure a third term this week, but despite this impressive accretion of power, he has trailed that he intends to double down on virtually all his policy stances. The one that matters to investors, to the exclusion of almost all else, is Covid Zero.