China’s dynamic “zero-Covid” policy has sparked an intense debate among Chinese commentators as some provinces and cities are perceived to have overdone lockdown measures. On Monday, southern China’s Guangdong province recorded 2,528 new Covid cases, 92% of which were asymptomatic. On Monday evening, Guangzhou could have ended its three-day lockdown but the city extended it for another seven days until November 11. Signals from Beijing on whether the county is poised to relax zero-Covid have remained mixed since the end of the 20th Communist Party Congress, leaving investors and markets to guess and speculate on the ... (full story)