27 December 2022 | Other

Chinese make travel plans as COVID rules ease

On Tuesday, in anticipation of the borders’ opening, Chinese travel sites reportedly experienced an influx of customers. Due to the COVID restrictions, China has been isolated from the rest of the world for three years. That is why, despite the growing number of diseases, the Chinese people still have hope.

Tough restrictive measures, such as border closures, have almost destroyed the country's economy. The measures have also provoked public discontent last month. The last time such a big discontent was in 2012, when Xi Jinping became a president.

Of course, such a drastic change led to the situation in which the virus spreading across China is not under control.

According to a statement by the National Health Commission on Monday, the process of reducing restrictions has already begun. For example, from January 8, quarantine has been canceled for inbound travelers.

Company MarketCheese
Period: 17.07.2025 Expectation: 26000 pips
Institutional investor demand could push ETHUSD to 3,000
Yesterday at 10:38 AM 33
Period: 16.07.2025 Expectation: 2000 pips
USDJPY prepares to retest 148 Level
Yesterday at 08:19 AM 36
Period: 16.07.2025 Expectation: 900 pips
NVIDIA shares rise amid global AI infrastructure investments
09 July 2025 63
Period: 15.07.2025 Expectation: 800 pips
Breaking downtrend could push USDCAD to 1.375
09 July 2025 40
Period: 14.07.2025 Expectation: 1600 pips
Upcoming “Crypto Week” to boost bitcoin prices
08 July 2025 107
Period: 15.07.2025 Expectation: 400 pips
Selling AUDUSD targeting 0.65000 amid limited growth and technical weakness
08 July 2025 52
Go to forecasts