Post-pandemic era beckons, but many hurdles still remain
- This year will see mainland China and Hong Kong move on from the dark years of the pandemic. Both face challenges including the mainland dealing with its battered economy and Hong Kong restoring its image on the international stage
The new year will be greeted with optimism in China, including Hong Kong, as the country opens up after three years of Covid-19 restrictions. A new post-pandemic era beckons, in which normal life can return. But many hurdles remain in 2023.
Mainland China is facing a wave of infections after ditching its “zero-Covid” policy. This will require careful management to protect lives and ultimately reap the benefits of restrictions being lifted.
President Xi Jinping secured a historic third term in October, consolidating his power. He set ambitious targets for the country, amid unprecedented challenges. China’s economy has taken a battering, but there are hopes of a strong rebound this year. Property and tech firms have faced regulatory changes as well as the impact of Covid-19. But there is now a more positive outlook, with Beijing highlighting the role of the private sector in driving a recovery.
Geopolitical tensions, especially between China and the US, continue. Xi’s talks with US counterpart Joe Biden were significant, although relations remain fraught. Both countries should seek to find more common ground in their interests and those of the world.
Meanwhile, China successfully staged the Winter Olympics and made key developments in science, notably space exploration.
Hong Kong people are looking forward to life beyond Covid-19. The city has just begun to emerge from its isolation. Tourists will return this year, along with more international events.