ISA Briefing: China’s great reopening

After nearly three years of enforcing a comprehensive approach to
COVID-19, involving frequent testing, rigorous contact tracing
and strict border quarantines, China unexpectedly ended its
zero-COVID policy in early December 2022.


After an initial period of surging new infections, by mid-January
2023 the situation had improved substantially. Most recently,
cases have fallen sharply as the virus has already infected a
large share of the population. Life in China is quickly returning
to normal, as evidenced by rebounding subway passenger volume and
rising road congestion. This return to pre-pandemic
normality has meaningful implications for the economic and real
estate outlook in China, the broader Asia-Pacific region and the
world. 





Contributors:


Brian Klinksiek


Global Head of Research and Strategy


Fred Tang, PhD


China Head of Research and Strategy