Dawn Chorus: Xi sticking with Covid Zero

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Dawn Chorus: Xi sticking with Covid Zero

China's President doubles down on Covid elimination plan & talks tough on forcing Taiwan to unify; Bupa NZ calls off $1b sale process & Vector's $3.5b meter unit sale is in trouble, Australian reports

Oct 16, 2022

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TLDR: President Xi Jinping has doubled down in his big Congress speech on China’s growth-strangling covid elimination strategy and its nerve-jangling commitment to a possible forced unification of Taiwan.

Some expected President Xi Jinping to ease up on China’s zero Covid policy but in his big Party Congress speech he instead doubled down on that and on tough talk on Taiwan. Photo: Getty Images

Elsewhere this morning, Bupa NZ has called off its sale of $1b worth of care homes here and Vector’s $3.5b sale of its metering business is in trouble, The Australian’s Bridget Carter reports.

I’ll be watching the PM’s post-Cabinet news conference at 4pm today and covering it live on the chat section of the Substack app on iOs and Android. I’m also watching CPI inflation data due on Wednesday morning, which is expected to show a slight drop in inflation in the September quarter.

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Paying subscribers can see more detail and analysis below the paywall fold and in the Dawn Chorus podcast above.

In the news overnight and this morning here and overseas:

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