International Center / Reported by You Yalan
▲ The “white paper revolution” is flourishing everywhere in China. (Image / Reposted from Twitter)
China’s zero-zero policy has been maintained for nearly three years, and the high pressure exerted by epidemic prevention has caused public grievances. Goldman Sachs Group recently released a report saying that China is expected to end the new zero crown policy in April next year, ahead of schedule, and that there is a certain probability that it will exit the market. in a messy and chaotic way”.
Goldman Sachs chief China economist Shan Hui pointed out in a 27 report that China has a 30% chance of reopening before the second quarter of 2023. By then, the government will have to choose between more lockdowns and more outbreaks of the new corona epidemic.
▲ The Shanghai police broke the news that they were “indiscriminately arresting people” and forcibly dragged the man out of the car. (Image / Reposted from Twitter)
A fire in Urumqi, Xinjiang affected the Chinese people and became the last straw that swept people under the strict and inhumane cancellation policy. In big cities such as Shanghai and Beijing, there have been protests such as the “revolution of white paper”. another, and they’re still on the rise.
In addition, Goldman Sachs estimates that under the impact of the worsening epidemic, China’s gross domestic product (GDP) will grow 3% this year, lower than the 3.3% expected by economists. Although China has the possibility to unblock early, Goldman Sachs still believes that the possibility of withdrawing from the zero clearing policy in the second quarter of next year, i.e. after April, is the highest, with a 60% chance.
