According to the IMF, China’s economic growth is projected to remain resilient at 5% this year, driven by its strong first-quarter data. The move underscored growing global confidence for a continued rebound in the world’s second-largest economy.

Meanwhile, the UN reports global economic prospects have improved since January, but the poorest countries are still struggling.

Joining the discussion: 

• John Gong is a professor at the University of International Business and Economics. 
• Ryan Patel is a global business executive and Senior Fellow at Claremont Graduate University. 
• Gilson Schwartz is an economics professor at the University of Sao Paulo.  
• Yan Liang is a Chair Professor in Economics at Willamette University.