An Update on the COVID-19 Situation in Mainland China

Key Takeaways

• China jettisoned centralized quarantines, compulsory PCR testing, sweeping lockdowns, and travel restrictions.
• China is now experiencing an unprecedented surge in infections, which has sparked public anxiety and created massive demand for medical supplies.
• Despite China scrapping some of its strictest safeguards over the last month, the business recovery will remain muted in the short run.