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Already past the worst?

New COVID infections across much of China may already be dropping back just as quickly as they surged only a month ago. Shops and streets are getting busier. A full return to normality is probably still a month or two away. But the economy appears to be bottoming out sooner than we had expected.

Drop-Ins – The World In 2023 (10-11 January): Will 2023 be another rollercoaster year for economies and markets? Join our senior economists for these special briefings on 10th and 11th January to find out what to expect in the coming 12 months. Register now

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