China’s on the move again, economic outlook brightens

Published by
Reuters

By Ellen Zhang and Kevin Yao BEIJING (Reuters) – Residents of China are increasingly on the move after the country’s sudden reversal last month of heavy COVID-19 curbs, despite a surge in infections, pointing to a gradual recovery in consumption and economic activity this year. Mobility and spending data — from subway passenger traffic in three of China’s biggest cities to flight volumes to box office collections — show upticks since late December, after Beijing abruptly ended three years of “zero-COVID” policy earlier in the month. Graphic 1: Chinese commuters back to work, https://www.reut…

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