China easing policy from Covid? I would prefer to read what the Chinese media says.It is important for China to relax their rules on Covid as they are still the largest manufacturer in the world. When their lives are getting back to normal, the world’s economy can also start cranking up.Opening changes:• Some cities lifted all temporary control measures from November 30. All areas except those designated as high-risk are now classified as low-risk or subject to regular control measures.• Other cities announced on Sunday that regular nucleic acid tests would be canceled and residents could do the test at will.• Starting from Monday, Beijing residents who have gone more than two days since their last nucleic acid test will be allowed to take buses or the subway.• Guangzhou have announced the

From the latest China Caixin Manufacturing Purchasing Managers Index (PMI).  Taken from investing  Though the actual figure of 49.4 came out to be better than the forecast of 48.9, it falls below 50 that implies contraction of the manufacturing economy.  Production looks to tick downwards though at a lesser magnitude. This does give an insight for global demand.  Let us monitor as China battle Covid19. Hopefully, the market will get better.  $FTSE China H50 Index - Dec 2022(FCH2212)$