VOT Research Desk
On Sunday, Ashish Jha, the pandemic response coordinator for US President Joe Biden, stated that without an enhanced vaccination program, China is unable to control the most recent coronavirus outbreaks with lockdown limitations.
With their Zero COVID strategy, China will find it extremely challenging to keep this under control.
I would advise them to continue the strategy of ensuring that everyone is immunized, especially their old.
That is the way out of this infection, in my opinion. Lockdowns and Zero COVID will be exceedingly challenging to maintain.
His remarks came amid widespread demonstrations in China asking for President Xi Jinping’s resignation in response to the country’s restrictive policies.
The risk mood is still strong as of this writing, with the US S&P 500 futures down 0.65% on the day and the AUD/USD down 1% so far to trade at 0.6682.
