China reported on Saturday its largest tally of new COVID-19 infections since late April, a day after Beijing unveiled a spate of measures, including shorter quarantines, to ease the impact of its heavy-handed zero-COVID policy.
A pandemic prevention worker wears a protective suit as people line up to get swab tests at a testing booth as outbreaks of coronavirus disease continue in Beijing, China, November 3, 2022. REUTERS/Thomas Peter/
Investors were heartened by Friday's eased curbs, among them shorter quarantine for inbound travellers and those in close contact with infected people.China will also stop trying to identify "secondary" contacts, a practice that swept up many urban residents in contact-tracing efforts after a case was found, while still identifying close contacts.
"However, the signal that the top leadership is preparing for an exit from three years of zero-COVID policy at some point next year - in our view, most likely soon after the 'Two Sessions' are held in March - seems clear and important," it said, referring to annual parliamentary gatherings.
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