VOT Research Desk
Investors are evaluating the most recent tweets from Hu Xijin, a pundit for the highly prominent Chinese official media, Global Times, which is giving risk sentiment a fresh lift.
According to Hu’s tweet, the new Omicron form is quickly spreading throughout China, forcing adjustments to COVID responses.
The rate of serious cases in China right now is roughly 0.025%. The majority of Chinese people no longer fear contracting an infection. China might emerge from COVID-19’s shadow sooner than anticipated.
Another tweet stated: Over the weekend, there were protests around China.
Public opinion will soon cool down when epidemic prevention and control efforts are relaxed. I can say with perfect certainty that China won’t spiral out of control or into chaos.
