• Chinese stocks rally after the country's top pandemic official signals a softening of the country's draconian Covid-zero stance

    2 monthes ago - By Business Insider

    Rare protests broke out in China last weekend as citizens hit back against Chinas strict Covid-zero measures. Kevin Frayer/Getty Images
    Vice Premier Sun Chunlan said China's pandemic is at a "new stage" that comes with new tasks.
    Sun's words carry weight as she's the face of China's hardline Covid-zero approach.
    Hong Kong and Chinese stocks are higher on optimism China is eyeing an exit from a Covid-zero policy.
    Hong Kong and Chinese stocks rallied Thursday after a top Chinese official - who oversees the country's pandemic management - appeared to tone down the country's hardline...
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