World shares advance after China relaxes more Covid-19 restrictions ...Middle East

Business Standard - Economy
source : Business Standard ( Middle East ) () 19
World shares advanced Tuesday after China announced it would relax more of its pandemic restrictions despite widespread outbreaks of COVID-19 that are straining its medical systems and disrupting business. China's National Health Commission said Monday that passengers arriving from abroad will no longer have to observe a quarantine, starting Jan. 8. They will still need a negative virus test within 48 hours of their departure and to wear masks on their flights. But it was the latest step toward dropping once-strict virus-control measures that have severely limited travel to and from the world's No. 2 economy. With economic activity floundering, and multinationals questioning the viability of

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