China on the move again after reversing COVID-19 curbs; economic outlook brightens

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China's on the move again, economic outlook brightens

BEIJING: 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.

Still, some indicators show activity has not fully recovered to levels of just a few months ago, and many economists remain cautious about the pace of revival following the faster-than-expected reopening. COVID-related lockdowns and curbs have bit into travel, moviegoing and car-buying last spring and again at the start of winter, data from information providers and industry bodies showed.

 

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