China may soon cut quarantine rules for inbound travelers from 10 to 7 or 8 days, sources
Rumors of the removal of covid restrictions may turn out to be true. This is a big positive for the yuan and Chinese stocks. Also, oil prices will respond to the rumors by rising.
Earlier, the head of the IEA predicted a rise in oil prices when China unlocks, as there is no reserve capacity to ramp up oil production
