The Market Rejoices China’s Relaxation
Monday, December 5, 2022
The Chinese government sent signals it will relax its pandemic management policies. Financial markets around the world breathed a sigh of relief at the signal.
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AT last, Chinese Leader Xi Jinping softened. The Chinese government has sent signals it will relax its pandemic management policies, which have severely stifled economic activity. Financial markets around the world breathed a sigh of relief at the signal.
To manage Covid, the Chinese government is considerably behind the times, behaving like a fearful elderly. Even as the entire world accepts Covid-19 as an ordinary illness, akin to influenza, t
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