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Comments from market watchers on the COVID-19 protests in China

In rare scenes of open dissent, some have called for Chinese President Xi Jinping to step down.

November 28, 2022 / 12:26 PM IST
People gather on a street in Shanghai where protests against China's zero-Covid policy took place.

People gather on a street in Shanghai where protests against China's zero-Covid policy took place.

As anger over China's strict zero COVID-19 policy intensifies, residents in some major cities took to the streets at the weekend, clashing with police over restrictions that have taken a heavy toll on the economy and people's freedoms.

In rare scenes of open dissent, some have called for Chinese President Xi Jinping to step down.

Chinese stocks slumped on Monday as recent monetary easing measures failed to offset investor worries about the protests in the world's second-largest economy, while the yuan weakened versus the dollar.

Here's what market watchers are saying about the unrest: