CHINA’S HEALTH OFFICIAL WARNS OF COVID SPREADING THROUGHOUT THE HOLIDAY SEASON

Wu Zunyou, chief epidemiologist at China’s Centers for Disease Control and Prevention (CDC), warned at a press conference on Thursday that Covid will spread during the holiday. ADDITIONAL REFERENCES „China’s provinces are at different stages of the Covid epidemic.” „Covid outbreaks peak in Beijing, Tianjin and Chengdu.” „China Strengthens Control of Its Covid Transformation.” At the same time, Liang, a senior Chinese health official, said that the country „will inform the World Health Organization (WHIO) if we find a new variant of Covid”. Market Reaction Despite a slight improvement in risk sentiment, China’s AUD/USD remains under pressure at 0.6700. The pair is trading at 0.6722, down 0.18% on the day.

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