Families ride through a riverside park in Shanghai on June 4, days after the financial powerhouse came out of a two-month lockdown. Photo: Bloomberg
Families ride through a riverside park in Shanghai on June 4, days after the financial powerhouse came out of a two-month lockdown. Photo: Bloomberg
Tai Hui
Opinion

Opinion

Macroscope by Tai Hui

Why global economies should expect to see out 2022 in better shape than now

  • Shanghai’s reopening and the Chinese government’s heavy-duty policy support for the Covid-19-battered economy are not the only good news
  • The Fed’s firm handling of its interest rate rises also signals that US inflation can be tamed without the economy falling into recession, calming investor nerves

Families ride through a riverside park in Shanghai on June 4, days after the financial powerhouse came out of a two-month lockdown. Photo: Bloomberg
Families ride through a riverside park in Shanghai on June 4, days after the financial powerhouse came out of a two-month lockdown. Photo: Bloomberg
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