Bloomberg report on the latest MLIV Pulse survey. One of the questions asked of particiapnts was if they thouight China would end its strict zero policy this year:
The headline to the Bloomberg piece, and the sub heading, make clear the concern for the global economy:
China in danger of exporting fresh inflation turmoil, shows survey
- China's Covid-zero strategy is set to stay in place for the rest of the year, intensifying the world's supply-chain woes and challenging efforts by central bankers to rein in inflation
The link is above, it is Bloomberg soi its gated.
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Meanwhile the news today has been more positive, giving a tail wind to the risk trade and subduing the USD:
