Residents pose for photos along the Bund in Shanghai on June 1 as China’s largest city begins to emerge from a strict two-month lockdown. Photo: AP
Residents pose for photos along the Bund in Shanghai on June 1 as China’s largest city begins to emerge from a strict two-month lockdown. Photo: AP
Nicholas Spiro
Opinion

Opinion

Macroscope by Nicholas Spiro

Lifting of Shanghai lockdown and stimulus foster cautious optimism on China’s economy

  • The prospect of lockdowns ending, aggressive stimulus and affordable equities could set the stage for a ‘reopening rally’ as market confidence improves
  • If the extended lockdown in Shanghai was a one-off and not a preview of what is to come, China’s economy can bounce back

Residents pose for photos along the Bund in Shanghai on June 1 as China’s largest city begins to emerge from a strict two-month lockdown. Photo: AP
Residents pose for photos along the Bund in Shanghai on June 1 as China’s largest city begins to emerge from a strict two-month lockdown. Photo: AP
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