Edi_27.01.

A huge Covid infection wave is still rolling across China, but an end is slowly in sight and the spring should usher in new optimism. Hong Kong opened a little earlier. The time has now come there to get back on track after the pandemic. But simply returning to normality will hardly be possible, because the special administrative region has taken a severe economic hit. Hong Kong’s economy plummeted by 3.2 percent in 2022, and exports even fell by almost 29 percent year-on-year, the worst value since 1953.