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China outlook: How worried we should be?

From corporate.nordea.com

China has now vaccinated more than 60% of its population and aims to take that number close to 80% by the end of October. However, given the uncertainty of the real efficiency of the Chinese vaccines towards the new virus mutation and the low number of Covid-19 cases so far, experts have estimated that more than 80% of population has to be vaccinated before herd immunity is reached. Thus, we expect that China will continue to introduce aggressive lockdowns if needed in the coming months and for example travelling across borders will continue to be very limited well into 2022. The virus keeps consumers on their toes: ... (full story)

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  • Category: Fundamental Analysis