The Chinese regime has announced relaxing some of the harsh COVID-19 restrictions imposed in the country, with the decision positively affecting stocks worldwide.
On Nov. 11, China’s National Health Commission (NHC) announced easing the pandemic rules a day after the Politburo Standing Committee met to approve the measures. The new rules cut down centralized quarantine times for close contacts and foreign travelers from seven to five days. However, the requirement of three additional days of home isolation following the quarantine was kept unchanged.
Travelers now only need to show one negative COVID-19 test taken within 48 hours of boarding a flight to China, down from the earlier requirement of two tests….