Topic #1: China’s Lunar New Year Rebound Data out on Wednesday showed that Chinese families celebrated the Lunar New Year in high style. What does this mean? While the lifting of Covid restrictions alone will not immediately revive China’s economy, recent indicators suggest that the country is beginning to recover. For example, during the Lunar New Year holiday, a significant number of Chinese citizens traveled by various means to be with their families, and box office and hotel bookings exceeded pre-pandemic levels. These positive developments indicate that the economy may bounce back faster than anticipated, after experiencing its second-lowest growth rate in decades last year. Why should I care? The recent increase in outbound travel and overseas hotel stays by Chinese holidaymakers has led experts to believe that China’s pent-up demand could drive a global economic recovery. China’s strong financial position, with Chinese households adding a massive $2.6 trillion to their savings accounts last year,...