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Caixin Global
Caixin Global
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Editorial: Face Up to the Changed World

Consumers walk through the central square of the People’s Liberation Monument in Chongqing on Dec. 28. Photo: VCG

A difficult 2022 has given way to an uncertain 2023. We would like to take a moment to pay our respects to everyone fighting the Covid-19 pandemic and extend our best wishes to everyone who survived the virus. For this new year, hopes and challenges are intertwined as always, but more strongly than in previous years. The three-year pandemic has changed the world.

The past year brought stunning changes, both to China and the rest of the world. The about-face in China’s Covid control policy at the end of last year was most notable. This change was a response to the people’s wishes and the global trend, surprising a great number of people with its speed and magnitude. Short-term shocks are emerging, while the long-term impacts remain to be seen.

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