How much of a game changer is China's reopening?

The Weekly Briefing from Capital Economics · Jan 16, 2023 · 27m

China’s economy was tied down by the government’s tough zero-COVID regime. And then it wasn’t. The virus appears to have ripped through much of China’s urban population in the wake of the dramatic policy U-turn by Beijing, setting the stage for a dramatic rebound in economic activity this year. But how big will it be, and what will it mean for the global outlook in 2023? Group Chief Economist Neil Shearing talks to Mark Williams, our Chief Asia Economist, about what could be one of the year’s biggest economic curveballs. Plus, after a cheering US CPI report, Senior US Economist Andrew Hunter…