Workers sort packages for delivery at a JD.com warehouse in Beijing on January 10. With further fiscal and monetary support, China’s economy should see a stronger rebound in the second half of the year. Photo: AFP
Workers sort packages for delivery at a JD.com warehouse in Beijing on January 10. With further fiscal and monetary support, China’s economy should see a stronger rebound in the second half of the year. Photo: AFP
Clara Cheong
Opinion

Opinion

Macroscope by Clara Cheong

China reopening and Asia rebound could see global recession avoided in 2023

  • While the global outlook is downbeat, a turnaround in US real income growth, China’s rapid reopening and a release of pent-up consumer demand in Asia could offset slowdowns elsewhere

Clara Cheong
Clara Cheong

Updated: 10:30am, 14 Jan, 2023

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Workers sort packages for delivery at a JD.com warehouse in Beijing on January 10. With further fiscal and monetary support, China’s economy should see a stronger rebound in the second half of the year. Photo: AFP
Workers sort packages for delivery at a JD.com warehouse in Beijing on January 10. With further fiscal and monetary support, China’s economy should see a stronger rebound in the second half of the year. Photo: AFP
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