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A Glance of China 行摄中国

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D J

3 years ago

shared a media post in group #A Glance of China 行摄中国 via #Going to China (Pandemic Travel)

By Bloomberg News (Bloomberg) -- Chinese officials are debating whether to reduce the amount of time people coming into the country must spend in mandatory quarantine, according to people familiar with the discussions, as the country’s Covid Zero policy leaves it increasingly isolated from the rest of the world. Bureaucrats are looking at cutting the quarantine period to two days in a hotel and then five days at home, said the people, asking not to be identified as the discussions are private. Currently, China requires 10 days of isolation on entry into the country, with seven days confined to a hotel room, and then another three days at home, where people are still monitored and subject to regular testing. It’s unclear what restrictions would apply to the new home isolation period, and how it would apply to foreigners and other visitors without a residence in China. The move could be included in a new iteration of the nation’s Covid protocol expected to be released soon, the people said. Authorities throughout China use the protocol to guide their response when virus cases emerge. The shift would need to be approved by senior leaders, so could still be altered or not deployed at all, one of the people said. The National Health Commission, which is in charge of the protocol, didn’t immediately respond to a request for comment. A Bloomberg gauge of the dollar erased gains and the offshore yuan rose against the greenback. China’s benchmark CSI 300 Index erased losses of as much as 1.3% at the afternoon open on Thursday following the news, with reopening stocks including Air China Ltd. and China Eastern Airlines Corp. turning positive. “A cut to quarantine rules for inbound travelers will not be enough” for a sustained rebound in the Chinese market, said Amir Anvarzadeh, a strategist at Asymmetric Advisors Ltd. That would hinge on the country dropping Covid measures altogether, though airline stocks across the region may get a short-term boost on the news, he said. #A Glance of China 行摄中国
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