China’s reopening to the world after three years of President Xi Jinping’s zero-Covid policy has arrived, spurring hopes of a broad economic revival.
Traders are already betting on surges in demand for copper, iron ore and Chinese tech stocks, which have staged a $700bn rally since their low in October 2021.
But the recovery of the world’s second-largest economy is far from certain. With slower global economic growth in the US and Europe, exports are expected to be subdued after a pandemic boom.
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