MacroVoices #354 Jim Bianco: CPI, FOMC, China & More
Macro Voices
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Zero COVID - What's Happening in China?
China has been under zero COVID. And what happened was they started to get some real pushback from the population about zero CO VID. It began at the iPhone factory at Foxconn where they had some protests. 40 people were injured in protests on the factory floor. Then it led to there was a fire. There was a fire in one of those apartments and the people were caught in the apartment building because the front door was welded shut. About 10 to 12 people died in the fire. That sparked a big protest. The government heard that and the government reversed the zero COVID policies, I think in the short term in order to call off the revolution that seemed to be brewing for
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