Chinese economy

Podcast

published: 15.02.2023

What China’s reopening will mean for the global economy

Alicia Garcia Herrero

Giuseppe Porcaro

Steven Ying

A timely discussion about the reopening of China after the zero-Covid policy and its implications on the global economy.

As China moves closer to fully re-emerging from three years of government imposed Covid isolation and as they begin to reintegrate with the rest of the world, economic expectations are high. Beijing’s recent pivot from its stringent zero-Covid strategy — which had long choked businesses — is expected to inject vitality into the world’s second-largest economy next year.

But what will this reopening mean for the Chinese economy? How will it affect Chinese society and China’s relations with the rest of the world in areas such as energy consumption and price pressures?

In this episode of The Sound of Economics, Giuseppe Porcaro is joined by Bruegel’s Alicia García-Herrero and Steven Ying, the founding Managing Partner of High Impact Capital Advisor, to discuss the global implications of China’s reopening after their Covid isolation, China’s economic outlook in 2023 and the consequences this may have for Europe and the rest of the world.

This episode is part of the ZhōngHuá Mundus series of The Sound of Economics.
ZhōngHuá Mundus is a newsletter by Bruegel, bringing you monthly analysis of China in the world, as seen from Europe.
Click to read all past editions of ZhōngHuá Mundus

 

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About the speakers

Alicia Garcia Herrero

Chief Economist for Asia Pacific at Natixis, Senior Fellow at Bruegel, Non-resident Senior Follow at the East Asian Institute, Adjunct Professor at the Hong Kong University of Science and Technology

Economist specialized in monetary and financial issues in emerging markets, banking crises and resolution strategies, financial development

Giuseppe Porcaro

Head of Outreach, Governance and Human Resources, Bruegel

Steven Ying

Founding managing partner, High Impact Capital Advisors Ltd