China Travel Demand Spikes on Latest Covid Easing Plan

What’s new: Travel stocks ticked up and online searches for air and train tickets surged, after Beijing announced it was lifting testing requirements for cross-regional travel as part of a 10-point plan to ease its stringent Covid-19 response.

The new plan — published Wednesday by China’s cabinet— stipulates that people traveling between regions will no longer have their test results and digital health codes checked, even upon arrival. Other measures also include removing restrictions on over-the-counter fever, cough, antiviral and cold medicines, and ending mass nucleic acid testing.