World Economic Forum
China Reassures Davos That Growth Will Return, Covid Has Peaked
- Life has been restored to normal, Liu He says in speech
- Liu addresses concern China has turned away from globalization
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China’s top economic official told an audience of international billionaires and bankers that his country’s economy will likely rebound to its pre-pandemic growth trend this year after coronavirus infections passed their peak.
Vice Premier Liu He addressed the World Economic Forum’s annual meeting in Davos, Switzerland, just hours after Beijing released better-than-expected economic data for the fourth quarter, fueling hopes of a more rapid recovery in 2023.