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David Roche on China Covid outbreak hitting growth, markets August 10, 2021 Medical personnel work on the sixth round of covid-19 test since late July in Nanjing in east China’s Jiangsu province on Sunday, August 08, 2021. Feature China | Barcroft Media | Getty Images China has tightened Covid-19 measures to combat an uptick in daily cases — a move that could hold back the country’s economic growth and hit its stock markets, said veteran strategist David Roche. Investor sentiment toward Chinese stocks has been dampened by Beijing’s regulatory crackdown on sectors including technology and after-school tutoring . “Markets have...
