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
Opinion
Opinion
Macroscope
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
