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

(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.