Nomura: China is heading to a difficult transformation when ending the Policy of Safar Kovid

Nomura: China is heading to a difficult transformation when ending the Policy of Safar Kovid

The economist Ting Lu if China is facing a difficult shift in the current situation of Safar Kovid, and the timing of this transformation is likely to be after March, when the government completes the current session of reorganizing political positions.
It appears to be an inaccessible period beyond March 2023, economists stated in this week’s memo, according to Bloomberg News Agency.

According to economists, Beijing’s decision to “coexist with Kofid” will cause significant disappointment and have a detrimental impact on investment and consumer demand if it proceeds slowly.
They said that if Beijing takes material steps to get rid of Safar Kovid’s policy, then it is very likely that the rate of injuries will jump in a short period of time, while many Chinese Kovid still see it as a very deadly virus with a high possibility of great effects on the long term..

Nomura: With the end of the Safar Kovid Policy, China will undergo a challenging transformation.

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