China’s reopening won’t foul up global inflation situation, Morgan Stanley says
It’s one of the wildcards for 2023 — China has loosened its zero-COVID policy, and if cases subside, there should be a meaningful boost to the world’s number-two economy. Investors aren’t waiting. The KraneShares CSI China Internet ETF KWEB, +0.46% has surged 95% from its late October lows, for instance. But after China reopens, won’t…