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Qazi: There isn’t a real case to be made for China’s zero COVID policy to be scrapped altogether

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ASIAN MARKETS. ALLOW'' S GET EVEN MORE WITH SHEHZAD QAZI THE ECONOMIC DATA IS BAD FROM CHINA WE KNOW THAT AND ANTICIPATE THAT GIVEN THE TRUTH THAT THE GOVERNMENT IS SPEEKING TO LOCKDOWN THE ECONOMIC SITUATION WITH THE COVID ISSUES IS DHCHINA IN A SETTING TO MAK COMEBACK IN THE NEXT 6 TO 12 MONTHS IF COVID IS STILL AN PROBLEM AS WE HEAD INTO THE COLD WEATHER >> > > THE NEXT 6 TO 12 MONTHS– WELL THE FIRST 6 MONTHS WILL BE PRETTY TOUGH THERE WAS A REASONABLE EXPECTATION THAT THE 2ND HALF OF 2022 WOULD APPEARANCE BETTER THAN THE FIRST HALF OF 2022 AS WE HAVE SEEN WITH COVID ABSOLUTELY NOS AND THE REPETITIVE LOCKDOWNS WHICH VERY BROADER MACROECONOMICS RESULT, WE'' RING GOING TO FINISH OFF THIS YEAR ON A SOUR KEEP IN MIND WHAT ARE THE ELEMENTS THAT CAPITALISTS REQUIRE TO TAKE A LOOK AT AS THEY THINK ABOUT THE NEXT YEAR FROM THIS POINT ON DOES COVID NO DISAPPEAR? I DON'' T THINK THERE IS A CASE TO BE MADE THAT COVID ZERO IS GOING TO BE SCRAPPED ALL WITH EACH OTHER. THE UNDERLINING CONDITIONS HAVE NOT BEEN MET FOR THAT.THE SECOND ONE
, OF COURSE, IS WHAT TAKES PLACE WITH STIMULUS IS CHINA GOING TO PRESENT FISCAL STIMULATION OR MONETARY STIMULATION I BELIEVE THE CHANCES OF THAT DON'' T APPEARANCE SPECIFICALLY BRIGHT I WOULD THINK SLOWER PACE OF DEVELOPMENT AND ALSO MUCH WEAKER ECONOMIC SITUATION THAN WE ANTICIPATED EVEN IF IT LOOKS MUCH BETTER THAN 2022 >> > > SLOWER PACE OF DEVELOPMENT AS WELL AS AN ECONOMIC CLIMATE WHERE PRICES ARE OBTAINING CUT. THE CURRENCY IS WEAKENING. WHAT'' S TO MAINTAIN PEOPLE FROM EXPRESSION, YOU KNOW, I PUT ON'' T WANT TO BE IN CHINA LET'' S GO SOMEPLACE ELSE. IF THE U.S. LOOKS BAD, IT'' S STILL BETTER THAN CHINA. >> > > IF YOU ARE SPEAKING ABOUT EQUITY MARKETS, YOU MAY BE SEEING AN INCREASING NUMBER OF OF THAT SOME FOLKS MAY FIND OPPORTUNITIES AND POCKETS OF STRENGTH THAT COULD BE THE SITUATION OF TRAINING COURSE, THE LARGER QUESTION IS, YOU KNOW, FOR CORPORATES LOOKING AT CHINA, THAT NEEDS TO BE A LONG TERM PLAY THE CHINESE ECONOMY IS GOING THROUGH A DURATION OF CHANGE CLEARLY.NOW TRANSITIONS DOUBT AND ALSO TRANSITIONS CAN BE MESSY WE ' LL SEE HOW PLAN PROCEEDS TO PROGRESS. SO THIS HAS TO DO WITH WHETHER YOU ARE ATTEMPTING TO MAKE A LASTING PLAY FOR CHINA OR NOT THAT IS WHAT IT COMES DOWN TO. > > YOU UNDERSTAND, SHEHZAD, THE FEDEX CHIEF EXECUTIVE OFFICER GOT A LOT OF INTEREST >> WITH THE NUMBERS LAUNCHED THIS WEEK DURING THE INTERVIEW ON “MAD MONEY” WITH JIM CRAMER, HE ESPECIALLY “TALKED REGARDING ASIA AS WELL AS CHINA AS THE PRODUCTION CENTER OF THE WORLD IF THEY SEE WEAKNESS THERE, THEY SEE IT ALMOST EVERYWHERE. THAT IS WHAT RESULTED IN THE CALL OF GLOBE ECONOMIC DOWNTURN COMING UP.IS CHINA GOING TO EXPORT ITS PROBLEMS TO THE REST OF THE WORLD? IF CHINA SNEEZES, DO

WE ALL OBTAIN A CHILLY > > I ' M NOT SURE THAT ' S THE INSTANCE. IF THE PRODUCTION MARKET IS STRUGGLING >>,'THAT'IS TELLING YOU THERE IS GENTLENESS SOMEWHERE ELSE. CHINA ' S ECONOMIC REBIRTH WITH 2021 AND ALSO SO FORTH AS WELL AS 2020 WAS DRIVEN BY THE TRUTH OF STRONG NEED IN THE WEST WHICH AIDED THE PRODUCTION FIELD WE REQUIREMENT TO GET THE PARTNERSHIP RIGHT THERE SECOND, THERE IS INCREDIBLE WEAKNESS IN CHINESE DOMESTIC DEMAND WE KNOW THAT CHINA IS NOT THE LARGEST CUSTOMER OF GLOBAL SERVICES. WILL CERTAINLY FOREIGN SOLUTION PROVIDERS BE HIT TOUGH BY CHINESE RESIDENTIAL WEAK POINT I ' M UNSURE CONCERNING THAT.CHINA ' S ECONOMIC WEAKNESS WILL AFFECT THE ASSETS MARKET. THAT IS A'FAVORABLE STORY FOR INTERNATIONAL INFLATION.

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