Will China drop zero-Covid? - with Adam Wolfe

Macro Bytes · Jul 19, 2022 · 26m

In this episode, Paul Diggle talks to abrdn’s Senior Emerging Market Economist Robert Gilhooly and Absolute Strategy Research’s EM economist Adam Wolfe about the outlook for China. They discuss zero Covid, the 20th Party Congress, and President Xi’s policy agenda.

The key takeaways are:

· Chinese growth is rebounding out of the Shanghai lockdown, but this recovery may not prove particularly durable while zero-Covid remains in place. Already, there are renewed outbreaks requiring restrictions in parts of the country.

· As a baseline expectation, China is likely to roll back zero Covid…