Nomura's Lu on China's Economic Outlook

The video discusses China's easing of zero COVID policies and their impact on the economy. It highlights the challenges of reopening, comparing China's situation to Vietnam's past experiences. The discussion covers the global supply chain impact, communication issues between central and local governments, and the ongoing struggles in China's property market. The need to end zero COVID policies is emphasized as crucial for economic recovery.

What is the significance of changing narratives regarding COVID in China?

What challenges do local governments face in implementing COVID policies?

How have the lockdowns impacted the property market in China?