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Fortune
Fortune
Nicholas Gordon

CEO Daily: An earlier COVID peak could be good for China's economy

(Credit: Noel Celis—AFP via Getty Images)

Hello from Hong Kong. Nicholas Gordon here, filling in for Alan.

This Sunday, China will stop requiring international arrivals to go into quarantine, ending one of the last remaining—and most visible—elements of Beijing's "COVID-zero" approach to the pandemic.

Chinese authorities are sticking to a rapid reopening despite a massive surge in COVID cases, likely numbering into the tens, if not hundreds, of millions. Chinese households are snapping up cold, flu and now diarrhea medicine in a bid to protect themselves, leading to shortages at drug stores.

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