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China rolls back some of its pandemic control measures

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3 years ago

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China has announced it will begin rolling back some of its Covid-19 measures after a string of protests

Chinese officials will reduce the scale of lockdowns to individual apartment floors and buildings, rather than locking down neighbourhoods under a new Covid-19 strategy.

It is part of Beijing’s latest ploy to soften the blow for its 1.412 billion residents, who have been abiding by Covid-zero policies since the start of the pandemic.

Chinese officials will also allow asymptomatic Covid-19 cases to quarantine at home.

The decision follows widespread protests across major Chinese cities.

Is China ready to open up?

More than half of China’s population are planning to travel abroad, according to the U.S. consultancy firm Oliver Wyman.

Analysts have found Chinese tourists will travel abroad for periods ranging from several months to over a year.

However, Chinese people feel somewhat anxious about travelling overseas. The survey, which interviewed 4,000 respondents, found the top concern among prospective travellers was the fear of contracting Covid-19.

They also remain worried about changes to domestic re-entry guidelines.

“People have become cautious,” said Imke Wouters, who is a retail and consumer goods partner at the firm.

“So even when they can travel, we don’t think they will come back right away.”

Over half (51%) of those surveyed are planning to delay their international travel plans altogether. However, tourists are still expected to travel within China and to nearby destinations like Hong Kong.

Over eight in 10 respondents (85%) believe there will be a strong recovery of domestic travel as soon as conditions allow.

What is the Covid-19 situation like in China?

In October, China’s President Xi Jinping secured a record-breaking third term as leader.

Many had hoped this would also mark the beginning of China’s post-COVID era.

China was once the world’s largest outbound tourism market.

However, the Covid-zero strategy has seen nationwide protests over the measures, which have been described as “draconian” by Human Rights Watch.

Consumer confidence also remains a challenge.

Around 83 per cent of executives who responded to the Oliver Wyman survey said there is “a long road to consumer confidence recovery”.

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Costa is a news producer at ticker NEWS. He has previously worked as a regional journalist at the Southern Highlands Express newspaper. He also has several years' experience in the fire and emergency services sector, where he has worked with researchers, policymakers and local communities. He has also worked at the Seven Network during their Olympic Games coverage and in the ABC Melbourne newsroom. He also holds a Bachelor of Arts (Professional), with expertise in journalism, politics and international relations. His other interests include colonial legacies in the Pacific, counter-terrorism, aviation and travel.

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Senate clears Epstein files release despite White House push

Senate upholds vote to release Epstein files despite White House delay attempt; Trump signals intent to sign bill.

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1 hour ago

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November 20, 2025

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Senate upholds vote to release Epstein files despite White House delay attempt; Trump signals intent to sign bill.


The White House tried to delay a vote on the release of Justice Department files connected to Jeffrey Epstein, even as former President Trump insisted there was nothing to hide.

Despite this, the Senate approved the measure exactly as it passed the House, ignoring amendments proposed by Trump’s aides. This move clears the path for the files to be made public in full.

Trump has indicated he intends to sign the bill, marking a significant shift after the White House’s attempt to block or delay the vote proved unsuccessful. The decision could have wide-reaching implications for transparency and ongoing investigations.

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#EpsteinFiles #WhiteHouse #Trump #SenateVote #JusticeDepartment #USPolitics #Transparency #TickerNews


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Nvidia earnings shake tech stocks as ASX heads into Christmas

Nvidia’s earnings spark sharp market reactions, prompting investor concerns for tech stocks and volatility ahead of year-end trading.

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1 hour ago

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November 20, 2025

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Nvidia’s earnings spark sharp market reactions, prompting investor concerns for tech stocks and volatility ahead of year-end trading.


Markets are reacting sharply to Nvidia’s latest earnings, leaving investors questioning the future of tech stocks. Analysts are closely watching whether the results meet expectations and what it could mean for the broader market.

Joining us is David Scutt from StoneX to break down Nvidia’s post-earnings performance and its ripple effects across US and global equities. Investors are keeping a keen eye on how this could set the tone for year-end trading.

With Christmas approaching, the ASX faces a pivotal day as global risk sentiment shifts. Traders are positioning themselves for potential volatility, making it critical to understand the signals coming out of major tech earnings.

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#NvidiaEarnings #TechStocks #StockMarket #ASX #GlobalMarkets #Investing #MarketUpdate #TickerNews


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Tech stocks on edge ahead of Nvidia

Nvidia’s earnings report could impact tech sector trends, prompting analysis of profit-taking versus deeper market concerns.

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1 day ago

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November 19, 2025

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Nvidia’s earnings report could impact tech sector trends, prompting analysis of profit-taking versus deeper market concerns.


With Nvidia’s crucial earnings on deck, expectations are sky-high and the outcome could set the tone for the entire tech sector.

Chris Weston from Pepperstone breaks down whether this rotation signals simple profit-taking or deeper market concerns.

#TechStocks #Nvidia #Markets #Investing #FinanceNews


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