China will likely be able to live with Covid-19 by the end of March, based on how quickly people have returned to the streets, according to Macquarie.
Chongqing was the most congested city in mainland China during Thursday morning's rush hour, according to Baidu traffic data. The figures showed increased traffic from a week ago across Beijing, Shanghai, Guangzhou and other major cities.
Caixin's monthly survey of services businesses in December found they were the most optimistic they'd been in about a year-and-a-half, according to a release Thursday. The seasonally adjusted business activity index rose to 48 in December, up from a six-month low of 46.7 in November. "The duration and magnitude of upcoming outbreak could be dramatically enhanced by the extensive travels during the Spring Festival ," the researchers said in a paper published in late December by Frontiers of Medicine, a journal sponsored by China's Ministry of Education.
The researchers said senior citizens, especially those with underlying health conditions, in China's remote areas face a greater risk of severe illness from the highly transmissible omicron variant. The authors were particularly worried about the lack of medicine and intensive care units in the the countryside.
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