A boost to the world’s economy. We will take a look at the impact of China’s reopening from COVID-19 restrictions.
The easing of pandemic restrictions in China is fueling optimism for the Chinese economy. A new Goldman Sachs report forecasts the country’s GDP to grow by 6.5% in 2023. And, according to the IMF, the effects will reverberate around the world.
Joining the discussion:
- Qu Qiang is Assistant Director of the International Monetary Institute.
- Jonathan Kao is Managing Director for Greater China at BCD Travel.
- Ryan Patel is a Global Business Executive.
- Otaviano Canuto is Senior Fellow at the Policy Center for the New South.
The re-opening of China will have a positive impact on the global economy. Discover the impact it has on our projections for worldwide economic growth. https://t.co/0f3Ps3RqJT pic.twitter.com/SawAdVks8p
— IMF (@IMFNews) February 21, 2023
This could be another challenging year for the global economy, but it could be a turning point—with inflation moderating and growth accelerating. We project 2.9% growth this year. https://t.co/LqPHQXSDmO #IMFBlog pic.twitter.com/IRcyG8X3Mw
— IMF (@IMFNews) February 22, 2023