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BEIJING (AP) — After three years of quarantines pushed them close to shutting down, restaurant owner Li Meng and his wife are hoping for business to rebound after China rolled back severe anti-virus controls.
China is on a bumpy road back to normal life as schools, shopping malls and restaurants fill up again following the abrupt end of some of the world’s most severe
China will implement policy measures to support the economy and aim for an improvement in growth in early 2023.
The five-year rate, a reference for mortgages, was also kept unchanged at 4.3%.
Oil rose on Monday as the prospect of demand recovery, led by China's loosening of Covid-19 curbs and the United States' decision to buy back oil for its state reserves, gained the upper hand over global recession fears.