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1 December 2022 | Other

China softens its tone on COVID

USDCNY

China is weakening its position on the coronavirus and easing some restrictions. This comes despite a record high number of new cases of infection.

Certain cities in China continue to report an increase in the number of COVID-19 infected. Despite this, the isolation of some areas has been lifted, and the work of enterprises has been resumed again.

In response to comments published in the official media, Chinese Vice Premier Sun Chunlan said that China is facing new challenges in preventing and combating the pandemic. She also added that the Omicron strain of the virus is gradually weakening, while an increasing number of people are being vaccinated, accumulating immunity against COVID.

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Invest in USDJPY up to 157.70
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