(Washington / Beijing Comprehensive News) With the recent adjustment of the crown disease prevention and control strategy in many places in China and accelerating the pace of re -opening up, many economists believe that China ’s withdrawal of dynamic zero policy may be compared to the previousIt is expected to advance in advance.
Bloomberg News conducted a survey from November 30th to December 2nd.Of the 16 economists interviewed, nine people believed that China would re -open the speed faster than expected.
Seven economists predict that China will be reopened in the second quarter of next year.Four economists predict that it will be reopen in the first quarter of next year.UBS economist Wang Tao and others stated in a report that the time of major adjustment of China's epidemic prevention policy may be earlier than the baseline after March next year.
Zhou Xue, a senior Chinese economist of Ruisui Securities, said that I believe that China has withdrawn from 20 measures to withdraw from the dynamic clearing policy and is trying to flatten the infection curve.
Economists also reminded that China's re -open road will be rugged, and the problems that may face include insufficient medical resources and low vaccination rate for the elderly.
Wu Zhuoyin, a senior economist of French Foreign Trade Bank, said that China is reopening, but it will not be smooth sailing. Do not expect that China will cancel all epidemic prevention measures at once like the West.
Due to the uncertain factors in the prospects of economic growth, five of the 16 economists interviewed will be said to reduce the forecast of China's economic growth in the fourth quarter and 2022.The 3.9%and 3.3%of the investigation was reduced to 3.8%and 3.2%.
China has recently relaxed the prevention and control measures of the epidemic in many places, involving nucleic acid testing, travel, and drug purchase. These adjustments have greatly boosted market confidence.
A shares and Hong Kong stocks have risen to the RMB against the US dollar exchange rate higher
A -share and Hong Kong stock markets (December 5) have risen on Monday (December 5). Among them, 3,200 points on the A -share market syndrome index station, the Shanghai Index closed up 1.75%, the Hong Kong Hang Seng Index closed up 4.51%, the Hang Seng Technology Index rose rising9.27%.
At the same time, the exchange rate of the shore and offshore RMB against the US dollar rose to the US dollar, and both on Monday increased by 7 yuan.The RMB closed on the Monday of the RMB 6.9561, which is 819 basis points from the previous trading day, the highest level since September 13.As of press time, the exchange rate of offshore RMB against the US dollar was 6.9452, an appreciation of more than 3%in the past 10 days.
