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Financial markets in Asia rose to their highest point in five months as quarantine measures were relaxed in China
China was braced for a “new phase” in its battle against Covid-19, while financial markets strengthened, after Beijing dropped pandemic border controls in the latest easing of restrictions.
The relaxing of the country’s borders on Sunday was one of the last steps in the dismantling of China’s zero-Covid regime, which began last month after historic protests against three years of pandemic rules.
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