China hoping Lunar New Year celebrations will continue economic jumpstart – BBC News

After abandoning its zero-Covid policy, China is hoping Lunar New Year celebrations this weekend will help reignite its economy.

Some retail brands and investors were said to be considering exiting China in 2022, as restrictions saw sales slumps and China’s economic growth fall short of its own expectations.

However, since ditching the policies, the economy has seen an upturn, one the Centre for China and Globalisation says could see foreign investment in China double in 2023.

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