A man walks past a Lunar New Year decoration in Beijing on January 12. China’s reopening has provided a positive shock to the global economy. Photo: EPA-EFE
A man walks past a Lunar New Year decoration in Beijing on January 12. China’s reopening has provided a positive shock to the global economy. Photo: EPA-EFE
Nicholas Spiro
Opinion

Opinion

Macroscope by Nicholas Spiro

Why markets should not get carried away by China’s reopening

  • Just as a full reopening of China’s economy is no panacea for the world’s ills, a soft landing could turn into a harder one if inflation remains a problem
  • The economic and financial environment remains exceptionally volatile, with investors continuing to be blindsided by shifts in policy – including positive ones

A man walks past a Lunar New Year decoration in Beijing on January 12. China’s reopening has provided a positive shock to the global economy. Photo: EPA-EFE
A man walks past a Lunar New Year decoration in Beijing on January 12. China’s reopening has provided a positive shock to the global economy. Photo: EPA-EFE
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