1 December 2022 | Other

China softens its tone on COVID

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.

Company MarketCheese
Period: 13.02.2026 Expectation: 1500 pips
GBPUSD temporarily recovers following BoE rate decision
06 February 2026 36
Lyra_Moonwell1
Lyra_Moonwell1

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Period: 31.07.2026 Expectation: 1000 pips
Buying ETHUSD on major dip
06 February 2026 46
Period: 31.05.2026 Expectation: 30000 pips
Investing in silver for medium term
06 February 2026 37
Brent sell
Period: 13.02.2026 Expectation: 210 pips
Brent crude stabilizes as geopolitical premium fades away
06 February 2026 32
Period: 12.02.2026 Expectation: 25000 pips
Selling ETHUSD when it bounces up to $2,250 resistance
05 February 2026 37
Lyra_Moonwell1
Lyra_Moonwell1

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Period: 31.03.2026 Expectation: 220 pips
Buy SPX starting from $6,820
05 February 2026 40
Go to forecasts