A while back I was able to meet two Western reporters, who lived in China and reported on it, they admitted that because the Chinese so happily lie to Westerners, it was nigh on impossible to find out what was going on, especially if they didn’t want to tell you….
That said I think Xi may have been keeping the lockdowns going, to try and hold down the population…as we know the bug has mutated to a baddish cold now….so why are the authorities seen in full hazmet suits, still…….if not to scare the people….who it seems have had enough……
Whatever the case I think we can take China out as any creator of growth for the future, which is going to be SM v bearish and v bullish PM’s, especially if it gets nasty ….which it will.