China regulators, state banks split staff as fears mount about new Covid outbreaks-sources

The arrangements highlight how lingering anxieties created by Beijing’s three-year ‘zero-Covid’ policy are likely to hamper a quick return to health for the world’s second-largest economy, despite its pivot away from strict containment measures.

Chinese regulators and state-owned banks are taking steps to split staff at their workplaces in Beijing, sources told Reuters, as businesses brace for a possible spike in Covid cases after China relaxed virus restrictions in a major policy shift.