Economists See Faster Reopening in China as Covid Curbs Ease
Majority of economists expect Covid Zero exit in 2Q 2023
GDP growth forecasts for this year lowered again to 3.2%
Economists are bringing forward their projections for China’s exit from Covid Zero as the government begins relaxing controls in many cities.
Nine of the 16 economists surveyed by Bloomberg last week said China will reopen the country faster than they had previously expected. Of those, four say it will happen in the second quarter of 2023, while three see it happening earlier.