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: 11.11.2025 Expectation: 600 pips
USDCAD is poised to test six-month high at 1.417
Yesterday at 10:53 AM 31
Period: 30.04.2026 Expectation: 11000 pips
GBPUSD selloff on weaker UK economic data
Yesterday at 09:10 AM 18
Period: 31.12.2025 Expectation: 3000 pips
Selling EURUSD with 1.1350 in view
Yesterday at 08:15 AM 25
Period: 07.11.2025 Expectation: 2100 pips
Silver set to resume downtrend after correction
01 November 2025 111
Period: 07.11.2025 Expectation: 1000 pips
S&P 500 builds support before resuming growth
01 November 2025 80
Brent sell
Period: 07.11.2025 Expectation: 250 pips
Brent crude is heading downward ahead of OPEC meeting
31 October 2025 76
Go to forecasts