Xi Doubles Down On COVID-Zero Before Party Congress
China’s tightening of Covid-fighting measures has diminished hope that the ruling Communist Party may start relaxing the rigorous restrictions after it concludes its 20th Party Congress in October. Doubling down on the Covid Zero policy may not only cause more pain in the already struggling economy, but also undermine confidence among investors and the general public, something former Premier Wen Jiabao has said is “more important than gold and money.”
https://www.zerohedge.com/economics/xi-doubles-down-covid-zero-party-congress