Logo 21 Nov 2022

JD on zero-Covid

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On a Friday earnings call, JD CEO Xu Lei offered a hot take on China's path out of zero Covid.
What he said: Beijing is looking for a way to scale back the policy, but the process will be a bumpy one.
Xu began with an upbeat note:

“I believe that the worst time has passed.”

Some context: Xu is r...