A couple of weekend news items re the aviation sector in China. China's aviation regulator, the Civil Aviation Administration of China (CAAC) said it will increase domestic flights to 34% above pre-pandemic levelsThis is a big boost to the domestic sector. And, in another boost, again from CAAC (working with the US Department of Transportation (DOT)), direct regular China-US passenger flights are expected to increase from the current 48 (24 round trips) per week to 70 per week.---Oil traders might like to note these demand-enhancing developments. This article was written by Eamonn Sheridan at www.forexlive.com.
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