Even though some experts cautioned that China was not equipped to live with the sickness, the price of some important commodities and global equities have increased amid optimism that a relaxation of the country’s rigorous zero-Covid regulations will help to reduce inflation.
The Chinese authorities made a huge turn toward accepting the virus on Wednesday. Mild or no symptoms Covid-19 patients can quarantine at home, and temporary lockdowns have been forbidden, according to orders given to officials. Testing won’t be necessary for “cross-regional migrants” anymore.
According to Premier Li Keqiang, China’s economic development will continue to accelerate with the implementation of the recently announced anti-Covid adjustment measures.
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