Goldman Sachs on China’s COVID reopening – signs are there but its still many months away | Forexlive
These posts from earlier today on the re-opening rumours last week, & the strong denials over the weekend:
Goldman Sachs say that:
- all the signs are pointing to the beginning of preparation for an eventual reopening
Which is not very encouraging, this:
- beginning
- of preparation
- for an eventual
LOL … how many caveats do you need?
GS go on with:
- the actual reopening is still months away
because:
- elderly vaccination rates remain low
and the
- case fatality rates appear high among unvaccinated based on HK official data