TheJakartaPost
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Beaten-down Chinese stocks had soared this week on speculation that Beijing would ease its "dynamic zero-COVID" policy, despite the rising case numbers and reiterations of a stance that makes China an extreme outlier nearly three years into the pandemic.
He noted the infection wave driven by the XBB sub-variant is clearly waning, and that Singapore had managed to deal with the wave with practically no restrictions, with indoor masking requirements and vaccination-differentiated safe management measures having been lifted.
The curbs were lifted for the first time in more than 2-1/2 years after the city's leader, John Lee, said last week that such arrivals could return home or seek accommodation of their choice, but had to self-monitor for three days on entry.
Prada on Friday became the first major luxury house to host a show in China this year, navigating strict COVID-19 curbs to send models down a catwalk in a historic Beijing mansion hotel, a move aimed at underscoring its commitment to the market.
