Club Breakfast - Will China’s reopening save the world economy?
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Published on ● Video Link: https://www.youtube.com/watch?v=Hd8Qf57F-4s
With the Middle Kingdom relaxing its pandemic restrictions, three long years' worth of pent-up demand is likely to be released in the global economy. Many forecasters expect China's economy to grow by more than five per cent this year. The International Monetary Fund thinks that China and India together will drive half of global growth — versus a tenth for the US and euro area combined. With these macroeconomic tailwinds, join us for a conversation between Alicia Garcia-Herrero, Chief Economist for Asia Pacific at Natixis, and our event moderator FCC Member Simon Cox, China economics editor for The Economist, to examine the ripple effects of the new normal in China.