Heard on the Street: Get ready for the return of the shoppers from the world’s second-largest economy
After nearly three years, China is finally going to reopen its borders. That also means the return of Chinese tourists, who will provide a boost to businesses—especially in neighboring countries—that used to rely on them.
or do Covid-19 tests on arrival beginning in early January 2023, ending some of the country’s remaining major restrictions after an abrupt U-turn on its pandemic policies in December. That will allow businessmen and tourists to return to China, which has been largely closed to the outside world since 2020. It will also make it easier for previously globe-trotting Chinese to finally venture out.
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