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China's Post-COVID Recovery: Implications and Risks

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Abstract

China removed most of its COVID-19 restrictions in November 2022 following a year of weak growth. Despite initial uncertainty about sustained COVID-19 outbreaks, the Chinese economy has begun to rebound, driven by domestic consumption. The rebound is likely to boost global growth.

Suggested Citation

  • Thomas R. Cook & Johannes Matschke, 2023. "China's Post-COVID Recovery: Implications and Risks," Economic Bulletin, Federal Reserve Bank of Kansas City, pages 1-4, May.
    • Handle: RePEc:fip:fedkeb:96342
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    File URL: https://www.kansascityfed.org/Economic%20Bulletin/documents/9512/EconomicBulletin23CookMatschke0505.pdf
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    More about this item

    Keywords

    COVID-19; Chinese economy; consumption;
    All these keywords.

    JEL classification:

    • F00 - International Economics - - General - - - General
    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
    • F01 - International Economics - - General - - - Global Outlook

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