After China's reopening, the world has felt a burst of confidence. Investment banks soon raised their forecasts of China's GDP growth to above 5%. Economists expect China's economic recovery to bring wider relief to the global economy and slow down the inflation hikes around the world. While the consensus among economists forecasting positive growth in China, the latest IMF report warns of rising global uncertainties and fragmentation risks from climate change to the cost-of-living crisis and high debt levels. How to pave the way for cooperation amid a global surge in new trade restrictions? How will China's reopening boost the world economy? To answer these questions, Join CGTN's Lily Lyu to get more insights from Lin Jianhai, former secretary of IMF and vice-president of the International Finance Forum.
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Copyright © 2023 CGTN. 京ICP备16065310号
Disinformation report hotline: 010-85061466