News

China’s CDC Official: Will continue to fine tune zero-Covid policy to reduce the impact on economy

When asked if the protest will prompt them to reconsider the zero-Covid policy, an official at the Chinese Center for Disease Control and Prevention (CDC) said on Tuesday, they will continue to fine-tune policy to reduce the impact on society and the economy.

The CDC official sadi, “we will promptly and effectively solve the urgent and difficult problems reported by the masses.”

Meanwhile, another Chinese health official clarified that people's complaints are about extra COVID-19 measures and one size fits all approach and not the measures themselves.

Market reaction

These comments add to the China reopening speculations, keeping risk sentiment in a firmer spot so far in this Tuesday’s European session. The US Dollar Index is currently trading at 106.33, down 0.34% on the day.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.