China’s climbing COVID caseload and expanding lockdown measures, which prompted rare public protests over the weekend, highlight the risk of an unplanned and chaotic exit from the country’s tough COVID-zero policies, predicts Goldman Sachs.
A deadly apartment fire in the Chinese city of Ürümqi has sparked nationwide protests against China's COVID controls, with videos and reports of demonstrations in cities like Beijing, Shanghai, Wuhan, and Chengdu.
