China Eases Some Zero-Covid Policies

• On Thursday, China’s new top leadership body reaffirmed Beijing’s “dynamic zero” Covid-19 policy in their first meeting since the Communist Party’s Congress last month.
• Chinese hotel operator Atour raised $52 million in an initial public offering in the United States.
• Indian Hotels Company said they plan to emerge as the most iconic and most profitable company in South Asia by 2025 and that plan is on track.

On Thursday, China’s new top leadership body reaffirmed Beijing’s “dynamic zero” Covid-19 policy in their first meeting since the Communist Party’s Congress last month. The Politburo Standing Committee said China’s epidemic prevention measures must not be relaxed. The meeting was chaired by President Xi Jinping. On Friday, Chinese regulators moved to relax Zero-Covid policies, changing the seven […]