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: 31.07.2026 Expectation: 200 pips
Buying Brent crude from $89.55
Yesterday at 11:40 AM 39
Period: 05.08.2026 Expectation: 1500 pips
Go short on EURUSD ahead of ECB interest rate decision
Yesterday at 10:45 AM 20
Period: 29.07.2026 Expectation: 1110 pips
NVIDIA short-term pullback is losing steam
Yesterday at 09:13 AM 15
Period: 22.08.2026 Expectation: 3500 pips
Natural gas sell-off targets $2.50
Yesterday at 08:21 AM 14
Period: 29.07.2026 Expectation: 840 pips
USDCAD poised for renewed gains after local correction
Yesterday at 06:51 AM 10
Period: 31.07.2026 Expectation: 120 pips
Buying USDJPY from 162.355
21 July 2026 33
Go to forecasts