China's state media says the country must stick with the zero COVID policy

[forex4you]

China's state media says the country must stick with the zero COVID policy

<p>The People's Daily in China says the country must not waver from its zero COVID policy. </p><ul><li>Says that the policy is sustainable</li><li>Says that the policy is essential for stabilising the economy </li></ul><p>The 5 yearly Congress is coming up from the 16th, Xi is expected to cement a third term. Maybe he'll loosen up a bit after this?  Dunno. I've seen pundits tipping zero COVID policy through until March 2023 at the earliest. Its taking a toll on China's economy despite what people's Daily is spouting. </p><ul><li><a href="https://www.forexlive.com/news/weekend-data-china-september-services-pmi-dropped-into-contraction-first-time-since-may-20221009/" target="_blank" data-article-link="true">Weekend data - China September Services PMI dropped into contraction, first time since May</a></li></ul>

                This article was written by Eamonn Sheridan at forexlive.com.

Source: China's state media says the country must stick with the zero COVID policy

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