It’s all about policy (part 2)

China markets rally strongly on more reopening sentiment; US jobs very strong… which is negative for stocks??

China markets these days are like the wild west.

At Citi’s China Investors Conference today, a CDC expert is rumoured to have said covid policy will change soon. He (apparently) mentioned that China’s new inhalable vaccine reduces 80% of infections, and that their vaccine is as effective as MRNA ones. Therefore, China will change covid policy soon and w…