To The Moon

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 reopening of restaurants, cinemas and other closed and semi-closed venues starting Wednesday. Many catering enterprises also resumed dine-in services, and some fitness and swimming centers have also reopened, according to Xinhua.

Add-on:

• To further optimize the COVID-19 response, improve diagnosis, testing, treatment and quarantine measures, strengthen immunization of the whole population, particularly the elderly, and step up the preparation of medications and other medical resources.

• To ramp up COVID-19 vaccinations among elderly people on Tuesday, aiming to accelerate the vaccination rate of people aged 80 and above and continue to push for the inoculation of those aged between 60 and 79.

$HSI(HSI)$  $FTSE China H50 Index - main 2212(FCHmain)$

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