Coronavirus update: Shanghai to end lockdown, Beijing remains hopeful

Markets in Asia cheer news that China will essentially end the Shanghai lockdown on Wednesday.

Beijing, however, remains restricted, despite the no. of covid cases declining and officials indicating on the weekend they are ready to ease restrictions in parts of the capital.

Over the weekend, the Shanghai municipal government issued a plan issued to revitalize an economy impacted by covid lockdowns.

more to come ....