| 26.04.2022 Other Voices: China's Zero COVID policy fuels inflation |
| By Gilles Seurat, Fixed Income and Cross Asset Portfolio Manager, La Francaise AM.
China's year-on-year GDP growth rose from +4% in Q4 2021 to +4.8% in Q1 2022 (Source: Bloomberg). But the outlook is significantly bleaker for the end of 2022 given namely the rise in the number of COVID cases which has jumped from just a few cases to close to 25 000 cases per day over the past two months. I |