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

Your Way Home with Hongbin Jeong · Nov 25, 2022 · 13m

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…