Market View: China’s reopening - Wang Yi Ming’s China 5% GDP growth forecast next year, Bill Ackman’s comment on Hong Kong dollar’s peg, EV sales, Support for the property sector
Published on 25 Nov, 2022
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We’re going to wrap up the week by talking about China. Investors have been keeping a close eye on China’s reopening as the country reported its highest number of daily Covid-19 cases since the start of the pandemic this week.  While China has all along stuck to its zero-Covid policy,  what’s more tricky this time round is that the development came after China recently dialled back on some of its pandemic measures, signalling a renewed focus on growth.  With China’s cabinet also pledging new stimulus measures to revive its COVID-battered economy.this week, what are the chances of authorities reinstating containment measures?  Also - where do market watchers expect growth to to look like for China for this year and the next?  On Market View, Prime Time’s finance presenter Chua Tian Tian got down to the details with Brock Silvers, Chief Investment Officer at Kaiyuan Capital.