China Will Fully Reopen by Mid-2023, Bloomberg Economics Says
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China will gradually relax Covid containment measures over the next seven months, resulting in a full reopening by mid-2023, Bloomberg Economics forecasts.
“Our view is that by the end of the first half of next year, the economy will be free of any material Covid curbs,” Economists Chang Shu and David Qu wrote in a report Wednesday. “An acceleration -- either by design or not -- is more likely than a deceleration.”