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China will likely reopen the country by Spring 2023

Bloomberg Expat Link 2022-09-28 23:19 Posted on 浙江

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By Low De Wei for Bloomberg

Morgan Stanley joined other major investment banks in predicting China will likely ease Covid restrictions and reopen the country by spring next year, providing a possible boost to the economy’s recovery. 


Goldman Sachs Group Inc. said last week China likely won’t begin reopening before the second quarter of next year, while Nomura Holdings Inc. sees possible easing after March.


Officials will likely take steps in the next three to six months to prepare for a reopening, Morgan Stanley said, including a renewed booster campaign, reshaping public attitudes on the virus, and ensuring adequate medical facilities and treatment methods.




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Source: Bloomberg

https://www.bloomberg.com/news/articles/2022-09-27/morgan-stanley-joins-chorus-expecting-china-to-open-spring-2023

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