People pose for selfies outside a popular bakery in Beijing on December 28. China says it will resume issuing passports for tourism in another big step away from pandemic controls that isolated the country for almost three years, setting up a potential flood of Chinese going abroad for next month’s Lunar New Year holiday. Photo: AP
People pose for selfies outside a popular bakery in Beijing on December 28. China says it will resume issuing passports for tourism in another big step away from pandemic controls that isolated the country for almost three years, setting up a potential flood of Chinese going abroad for next month’s Lunar New Year holiday. Photo: AP
James David Spellman
Opinion

Opinion

James David Spellman

Economic recovery, friendshoring and other trends set to dominate in 2023

  • Optimism is starting to shine through as China pivots away from ‘zero Covid’, inflation eases and interest rate increases abate. Worrying trends such as ageing populations and high healthcare and energy costs remain, but there is reason to believe this optimism is more than wishful thinking

People pose for selfies outside a popular bakery in Beijing on December 28. China says it will resume issuing passports for tourism in another big step away from pandemic controls that isolated the country for almost three years, setting up a potential flood of Chinese going abroad for next month’s Lunar New Year holiday. Photo: AP
People pose for selfies outside a popular bakery in Beijing on December 28. China says it will resume issuing passports for tourism in another big step away from pandemic controls that isolated the country for almost three years, setting up a potential flood of Chinese going abroad for next month’s Lunar New Year holiday. Photo: AP
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