Many people traveled by land, sea, and air to China on Sunday. They were eager to reunite with their loved ones, many of whom had been waiting for them since the COVID-19 pandemic.
Three years later, mainland China has opened land and sea crossings to Hong Kong. It also ended the requirement that incoming travelers must be quarantined. This was the final pillar of a zero COVID policy, which had not only protected China’s 1.4 million people from the virus, but also disconnected them from the rest of world.
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Investors believe that the reopening of a $17 trillion economy, which has seen its slowest growth in almost half a century, will bring back confidence. The abrupt policy change has caused a tsunami of infections, which is threatening some hospitals and disrupting business operations.