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China has announced it will drop international travel restrictions after almost three years, prompting a surge in Chinese citizens booking overseas trips. That's despite reports of hospitals 'overflowing' with Covid cases.

We'll have the latest on Russia's decision to ban oil sales to countries which adopted a price cap.

It's also Crypto Week here at World Business Report; and following the demise of FTX earlier this year, we're looking at the thorny issue of regulation.

(Picture: Government staff disinfect an airport in Wuhan. Credit: Getty Images.)