Bloomberg report on the latest MLIV Pulse survey. One of the questions asked of particiapnts was if they thouight China would end its strict zero policy this year:

china covid zero 30 May 2022

The headline to the Bloomberg piece, and the sub heading, make clear the concern for the global economy:

China in danger of exporting fresh inflation turmoil, shows survey

  • China's Covid-zero strategy is set to stay in place for the rest of the year, intensifying the world's supply-chain woes and challenging efforts by central bankers to rein in inflation

The link is above, it is Bloomberg soi its gated.


Meanwhile the news today has been more positive, giving a tail wind to the risk trade and subduing the USD: