John Authers, Columnist

Did Much Happen While I Was Away? On China, Inflation

The peak still seems to be in on rising prices in the US, while signs pointing to a recession remain. Then there’s Beijing’s retreat from strict Covid Zero.

Relaxing Covid Zero has implications for politics, public health and China’s economy.

Photographer: Qilai Shen/Bloomberg
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For the last three weeks I’ve had my feet up (literally, of which more below), and watched lots of football on television. The last Points of Return covered inflation data for October, which gave some good reason to believe that the peak for price rises was finally in. What have I missed since then? The following is a brief tour as I reacquaint myself with the Bloomberg terminal.