China: Anti-Covid protests raise hopes that restrictions might ease

Protests against China’s strict anti-Covid restrictions have sparked volatility in Chinese equities. After two years of the government’s severe zero-Covid policy protests have rapidly spread across the country after rising infections caused some local authorities reimpose the country’s harsh restrictions. Chinese equities fell at the start of the week before rallying strongly as the government showed the first signs of loosening restrictions. Senior officials said the country can move to a new phase of the fight against the coronavirus due to better vaccination rates and a weaker strain of the virus.

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