RE: China’s reopening could propel iron ore to $US150 a tonne6 Dec 2022 13:59
Very interesting to hear Hu Xijin, Global Times commentator, who is basically the mouthpiece of Chinese govt state:
"I believe Chinese govt may soon announce new steps of COVID responses, and there will be follow-up actions in various parts of China. The cage of the epidemic is being shattered, and the appearance of Chinese society will change every week. We’ll definitely return to normal life."
https://twitter.com/HuXijin_GT/status/1600118707598282752
China's reopening will happen.
Goldman Sachs believes it will be after April:
"We continue to think China is likely to reopen next April after necessary medical preparations are done, the winter flu season is over, and the travel rush around the Lunar New Year is behind us."