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we begin in china where as you ve been hearing there were hugs and tears as international travellers arrived in china yesterday without the need to quarantine for the first time since the early stages of the covid pandemic. the strict quarantine rules had been in place for nearly three years. their lifting marks the end of beijing s zero covid policy, which had caused growing public anger. in hong kong, 400,000 people are expected to travel into mainland china in the coming weeks with long queues for flights into cities including beijing and xiamen. so what impact will the reopening of china have on the country s economy? let s go live to hong kong and talk to iris pang chief greater china economist at ing. lovely to see you. for many people this is what they have been waiting for for so long where they have not seen family or been able to return home. give us your take on the impact this is happening. i give us your take on the impact this is happening. this is happ ....
Year chinese new year it would not be a jumper. because some people are still not really employed or not employed full time so the purchasing power is not yet fully recovered. so we expect that business will pick up but not to pre pandemic levels. the other thing is that travel related industry will also pick up related industry will also pick up and that will be better than the general retail sales as for manufacturing it could be slower than last year because of us and europe entering a weak stage and there for china and their export orders should drop rather than increase. briefly, we are almost out of time, but telus what you can about the covid numbers and the spread of covid in china. some say it has peaked. what are you hearing? we actually do not ....
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