BA.5 in the mainland; US-China officials talking, some tariffs may go away; Another Xi book; Hong Kong
Summary of today’s Essential Eight:
Outbreaks - Cases are rising again, Shanghai has more cases and more testing, and perhaps most worrisome, Xi’an is going back into something like a lockdown because the city has detected several cases of the BA.5 variant. BA.5 vs. dynamic zero-Covid could be a very protracted struggle.
More infrastructure funds - The o…