An exit from zero-Covid is likely to boost both consumer and investor confidence and relieve China’s high youth unemployment. Photo: Bloomberg
An exit from zero-Covid is likely to boost both consumer and investor confidence and relieve China’s high youth unemployment. Photo: Bloomberg

Explainer |
Coronavirus: what does ending zero-Covid mean for China’s yuan?

  • The yuan has recovered against the US dollar over the past week amid expectations Beijing will further adjust its zero-Covid policy
  • Though market expectations on ending the hardline strategy are high, a full economic recovery will not be plain sailing, say analysts

An exit from zero-Covid is likely to boost both consumer and investor confidence and relieve China’s high youth unemployment. Photo: Bloomberg
An exit from zero-Covid is likely to boost both consumer and investor confidence and relieve China’s high youth unemployment. Photo: Bloomberg
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