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Analysts on China's zero-Covid policy: Fitch expects Beijing to relax most restrictive measures by 2023, such as citywide lockdowns; Nomura cuts China's Q4 economic growth outlook to 2.4% from 2.8%, citing 'slow, painful and bumpy road to reopening'

Honda suspends operations at Wuhon plant due to COVID lockdown

Goldman Sachs expects China's real GDP growth to rise to 4.5% in 2023 from estimated 3% in 2022, assuming China will end its COVID policy in H2 2023, with higher consumption expected to contribute to two-thirds of full-year GDP growth target

Michael Kors owner Capri cuts sales and profit forecasts for the holiday period; company blames slow demand recovery in China due to 'zero-COVID' policy that caused its revenue in the country to fall in 'high teens' percentage

GlobalData forecasts China's economic growth to slow to 3.1% in 2022 from 8.1% in 2021, says zero-COVID policy will continue to affect supply chain, business activities; more lockdowns in winter to result in disappointing economic growth if policy remains

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