Coronavirus tally: New daily cases rise above 40,000 in U.S., China reportedly looks into easing COVID restrictions

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The good news is, Bloomberg reported Friday that China is working on a plan to stop penalizing air carriers that bring travelers with COVID into the country. Also, The Wall Street Journal reported that China has agreed to approve the use of BioNTech SE’s BNTX, +6.24% vaccines for foreign residents in China. Both moves support hopes that China appears is moving toward lifting its zero-COVID policy that has been crimping its economy. The bad news, the seven-day average for new COVID cases rose back above 40,000 for the first time in a month, according to a New York Times tracker. The average reached 40,101 on Thursday, up 6% from two weeks ago. The daily average for hospitalizations rose 1% from two weeks ago to 27,025, while deaths fell 6% to 339.

This article was originally published by Marketwatch.com. Read the original article here.

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