Investors are hoping for a relaxation of the zero-Covid policy

Beijing Notwithstanding the growing economic woes in China, Chinese stock prices rose sharply in November. This reflects the hopes of many investors that the strict corona measures will be relaxed. It was apparently further spurred on by recent protests against the zero-Covid policy.

In the past few days, the authorities in several major Chinese cities have announced easing of the strict corona restrictions, including in the megacities of Beijing, Chengdu and Guangzhou. In some regions, shops have reopened and public transport has started operating again. In addition, the quarantine period for infected people should be shortened. And on China’s social media, an article from the state newspaper “Beijing News” was widely shared, in which former Covid sufferers report on their recovery – a first in China, where fears of the disease have been fueled up to now.