Beijing’s retreat from its zero-Covid policy is causing chaos in the country’s Rmb29tn ($4.1tn) market for wealth management products, with some fund managers having to freeze withdrawals or sell down their holdings as they struggle to cope with a rush of redemptions by investors.
北京方面退出“清零”防疫政策正在給中國29萬億元人民幣(合4.1萬億美元)的理財產品市場造成混亂。由于難以應對投資者的贖回潮,一些基金經理不得不凍結贖回或出售資產。
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