China COVID protests may end Covid Zero earlier

According to some analysts, unrest growing in China over COVID-19 lockdown measures could support asset prices. In turn, this would push President Xi Jinping to end its Covid Zero policy earlier than previously expected. 

According to Gabriel Wildau, managing director at advisory firm Teneo, protests over China's stringent COVID restrictions may accelerate the exit from Covid Zero policy. 

In early Asian trade Monday, most risky assets slipped on fears that protests in China and rising COVID cases could result in the introduction of extra coronavirus restrictions. At the same time, after the China's Communist Party Congress took place, the authorities concentrated on supporting the economy on different issues, from China's border reopening and the property crisis to relations with the U.S.