Asian stocks will welcome Chinese zero-Covid loosening

Four sectors

The easing of China’s zero-Covid policy granted the Chinese economy and markets a much anticipated boost as we head into 2023.

Under some of the new rules introduced by the Chinese government last week, citizens with mild or little symptoms can now isolate at home, and compulsory testing is no longer required for those travelling within the country. The measures are part of the country's softer zero-Covid policy, and mark China's biggest relaxation of pandemic rules to date. While the relaxation of Covid restrictions in China may not be all smooth sailing, China's reopening should have a positive impact on the domestic economy in China. Almost every country experienced an economic rebound when the country ...