Groups of people in China took to the streets over the weekend to vent their frustration, built up over nearly three years of stringent Covid controls.
However, Hu said it's unclear whether the purpose of the measures is to drastically reduce new infections — likely requiring a hard lockdown — or lower the pace of increase, with less disruption to the economy and hospitals.
Separately, the People's Daily ran a front page op-ed Monday on the need to make Covid controls more targeted and effective, while removing those that should be removed. He noted how it was no longer sustainable for China's economy and society to accept continued Covid controls.'Incredibly cheap': Strategist says Chinese tech stocks, like Alibaba, are a clear buy right now
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