"China's end to zero-Covid policy resulted in normalising its economic activity," he said, adding that the situation there "is improving". Nissan is on course to recover from the havoc wrought by pandemic lockdowns, the war in Ukraine and the arrest of former boss Carlos Ghosn, which all helped plunge its full-year results into the red in 2020 and 2021. The company said last month its global sales for the year to March 2023 stood at 3.16 million units, up 5.4 percent from a year earlier.