Caixin
Jan 18, 2023 04:07 AM
ECONOMY

China’s Emergence From ‘Zero Covid’ May Spur Global Growth

A panel at the World Economic Forum on Jan. 17, 2023, in Davos, Switzerland.
A panel at the World Economic Forum on Jan. 17, 2023, in Davos, Switzerland.

(Davos, Switzerland) — China’s emergence from three years of strict “zero-Covid” pandemic controls spurred optimism for the country’s economic outlook following disappointing growth in 2022.

China’s reopening and exit from the zero-Covid policy is the “most positive catalyst” for global markets this year, said Nicolas Aguzin, CEO of Hong Kong Exchanges and Clearing Ltd., on a panel Tuesday at the World Economic Forum in Davos, Switzerland.

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