China is hoping for a rebound in its economy after the dismantling of its strict zero-COVID policy.
SHENZHEN: China's reopening after three years of COVID-19 isolation might have brought initial relief for businesses, but existing roadblocks such as a COVID-19 surge and trade restrictions could slow the pace of recovery, said observers.
The Greater Bay Area, which includes Hong Kong, Macau, and nine mainland cities in Guangdong province, including Shenzhen, is positioned to play a key role. Mr Marrett pointed out that the Greater Bay Area faces a number of challenges that have increased during the pandemic. “Many are ready to change their development policies for the first quarter of this year. Those who are ready to invest in the mainland and have their businesses or work should come back soon to handle what they need to.”
“But after the closure of the borders, there have been very few of such clients in the last two or three years.”
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