China mobility Is mobility in China getting back to normal?
Movement of people between provinces in China provides a gauge of how much economic activity has recovered since the outbreak.
- The latest data shows a year-over-year dip in movement between Chinese provinces during the Labor Day holiday (May 1-5) followed by a recovery to 20% below last year's level.
- A month ago, movement out of most provinces was decelerating y/y.
Movement Between Provinces in China – Change y/y
Source: UBS Evidence Lab, Baidu