A surge in COVID-19 cases and the first deaths in months have left a question mark over hopes China will reopen by March next year.
| China faces a critical juncture in its battle against COVID-19 as soaring cases and the first deaths in months threaten to endthat are crippling the world’s second-largest economy.
The latest outbreak rattled investors, who have been pinning their hopes on an easing of strict zero-COVID-19 rules. Despite signs last week that China was moving towards reopening after March next year, the latest surge in cases and the possibility of more deaths would hamper those plans.
as the first steps towards reopening the country. That followed a key political meeting of the National People’s Congress in Beijing in March. Crude-consumption trends in China remain in the spotlight as officials press on with lockdowns and movement curbs – efforts that are threatening the outlook for energy demand.
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