Array
HONG Asian markets rose on Tuesday after China said it would end quarantine for arrivals, spurring hopes for the revival of the world’s second-largest economy and boosting oil which continued its upward surge on fears of Russian production cuts.
China had abruptly reversed its strict pandemic restrictions even as a surge in infections began overtaking the country.
The curbs had torpedoed the economy and sparked nationwide protests. The latest easing will see three years of border controls end on January 8 when Beijing downgrades Covid-19 to a Class B infectious disease, ending mandatory quarantine for overseas arrivals.
