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Adam Tooze: Signs of Economic Rebound in China

COVID-19 infections are surging, but China’s economic growth rate could top 5 percent this year.

By , a deputy editor at Foreign Policy.
Travelers wait for trains at the Shanghai Hongqiao Railway Station.
Travelers wait for trains at the Shanghai Hongqiao Railway Station.
Travelers crowd at the gates to wait for trains at the Shanghai Hongqiao Railway Station during the peak travel rush for the upcoming Chinese New Year holiday in Shanghai on Jan. 15. Kevin Frayer/Getty Images

One month after China put an end to its zero-COVID policy—and three years after it announced that a new pandemic was underway—infections are spreading rapidly across the country. The surge poses new economic problems for China and the rest of the word, threatening production and international supply chains. But the easing of travel restrictions also heralds new economic opportunities, including in international tourism.

Cameron Abadi is a deputy editor at Foreign Policy. Twitter: @CameronAbadi

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Tags: China, Economics

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