"Some interpretations are being too optimistic," said Bruce Pang, chief economist at Jones Lang Lasalle.
Travel platform Qunar said search volumes for international flights tripled from a day earlier and were still rising. The new steps include ending the"circuit breaker", under which airlines faced a suspension of flights if they brought in too many Covid-infected passengers, a system that caused frequent cancellations and inconvenience. Still, international flights remain at a small fraction of pre-Covid levels.
Many experts say China is unlikely to begin reopening until after the March session of parliament, at the earliest.This week, cities across China have imposed tighter prevention and control measures as case numbers surge, although they are low by global standards. Driving the surge were cases in the populous Haizhu district, which extended a lockdown until Sunday. At least three of Guangzhou's 11 districts have been put under some sort of restriction.
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