China’s economy appears to be on track for a faster-than-expected recovery, though it may not be felt evenly across the country.
When the government abruptly abandoned its “zero Covid” policy in December after three years of draconian controls, many feared a surge in outbreaks would lead to sustained waves of infections in the world’s most populous country and further cripple its economy. But signs from the Lunar New Year holiday in the last week of January indicated the worst may be over.
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