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USD/CNH Edges Higher as China's NHC Reiterates Adherence to Zero COVID

CHINA
  • Bloomberg cites a statement from China's National Health Commission, reiterating their adherence to the Zero COVID stance.
  • There had been some speculation and reports earlier this week that China could possibly be looking to ease the zero COVID stance in the coming few months - this statement possibly a direct response to those rumours. Had been responsible for the sharp upside in Hong Kong equity markets since the beginning of the week

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