China COVID update - Chinese people can travel abroad from January 8 2023

I posted yesterday on :

• China will drop COVID-19 quarantine requirement for arrivals from overseas from January 8

The other leg of this, allowing Chinese people to travel overseas, was not addressed by the announcement.

However, the latest from Chinese state media is that:

• Chinese citizens' applications for ordinary passports for tourism and visits abroad from January 8, 2023, said the China's National Immigration Administration has said it'll resume processing Chinese citizens' applications for ordinary passports for tourism and visits abroad from January 8, 2023

As China gradually reopens oil and China-proxy trades (AUD AUD The Australian dollar (AUD) is the official currency of Australia, which is also used in Christmas Island, Cocos (Keeling) Islands, Norfolk Island, as well as independent pacific states.Introduced in 1966, the AUD is currently the fifth most traded currency in the world, behind only the US dollar, euro, Japanese yen, and British pound.The currency is very important to forex markets and is routinely used as a carry trade against other majors.The Reserve Bank of Australia (RBA) is the central bank The Australian dollar (AUD) is the official currency of Australia, which is also used in Christmas Island, Cocos (Keeling) Islands, Norfolk Island, as well as independent pacific states.Introduced in 1966, the AUD is currently the fifth most traded currency in the world, behind only the US dollar, euro, Japanese yen, and British pound.The currency is very important to forex markets and is routinely used as a carry trade against other majors.The Reserve Bank of Australia (RBA) is the central bank Read this Term for example) will see tailwinds.

Oil update: