China COVID highest new case count since May reported on the weekend.

China's National Health Commission reported 580 local cases on Saturday (prior day was 450)

  • the highest since May 23
  • new cases in the southern Guangxi autonomous region 244 from 40 the day before
  • in northwestern Gansu rose to 158 from 113

In Shanghai, authorities say the situation in the city remains 'relatively severe.'

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Something to keep an eye on in the week ahead. China's policy of imposing severe restrictions remains in place and is an economic threat markets continue to be wary of.

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