I hope those of you in China were able to have a nice vacation. Today’s newsletter is long, good for weekend catchup reading. It will be back to the normal schedule Monday. The data so far from the holiday week are off from last year but most reports seem to consider them relatively positive evidence of China’s continued recovery from the pandemic slowdown. It is impressive that China can have hundreds of millions pf people traveling with no signs of renewed outbreaks of COVID-19, then again they may need to wait a few more days before being confident there are no new outbreaks.
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