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In a coronavirus-ravaged hotel landscape, China is outperforming the rest of the world

For the first time since the Covid-19 pandemic erupted, an end to the deadly disease is in sight. The announcement on November 9 by Pfizer and its German partner BioNTech that their vaccine candidate was 90 per cent effective in preventing the illness has unleashed a wave of optimism at a time when the virus is spreading rampantly across Europe and the United States.In equity markets, a rotation out of “stay-at-home” stocks and into shares that have suffered due to lockdowns and social…

Read the original article at South China Morning Post

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