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ABC News
ABC News
Business
business reporter Samuel Yang, David Chau and wires

ASX recovers on 'possibility' of China easing COVID-19 restrictions, crypto lender BlockFi files for bankruptcy

Apple China Covid-19

Speculation that China may soon loosen its COVID-19 restrictions has led to a sharp recovery for the Australian dollar, oil prices and Asian share markets.

It was stoked by reports Chinese health officials would hold a news conference later on Tuesday to discuss coronavirus control measures.

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