IMF Sees China’s ‘Zero-Covid’ Exit in 2023, Calls for More Stimulus

(Bloomberg) — China may not move away from its stringent ‘zero-Covid’ policy until the second half of next year, according to the International Monetary Fund’s top official in the country, who also called for more monetary and fiscal stimulus to support the economy. 

The IMF assumes conditions for lifting the zero-tolerance approach to combating Covid infections will be in place by the latter half of next year, Steven Barnett, the senior resident representative in China, said in an interview on Bloomberg TV on Friday.