China reportedly to reduce frequency of mass testing and regular PCR tests

  • Reuters reports, citing sources familiar with the matter

The demise of China's zero-Covid policy continues to gather pace, with the report also stating that China is to allow positive Covid cases and close contacts to both quarantine at home with certain conditions in place. Adding that officials will release supplementary Covid measures in the coming days.

This will at least be a reason for risk trades to keep more upbeat as we get into December trading.

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