Nomura Holdings has reduced the forecast of China's economic growth in this year and next. It is said that with the surge in crown disease cases, China's re -opening road may be "slow, painful and rugged."

According to Bloomberg News, in the report on Thursday (November 24), Nomura economists have lowered the forecast of China's economic growth this year from 2.9%to 2.8%, and the forecast next year will be reduced from 4.3%next year.To 4%.

This prediction is lower than the estimated medium value of 3.3%and 4.8%in 2022 and 2023, respectively.

Nomura said that the increase in cases may make the decision makers unwilling to relax and control quickly, thereby "entering and retreating."

The control index of the investment bank shows that the region currently accounting for 21.1%of China's GDP is in the control of the seal, which is 9.5%higher than at the end of October.