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More than three years after the first COVID-19 case was discovered in the East Asia and Pacific (EAP) region, it is time to take stock of the lasting effects-and opportunities-of the pandemic and identify which policies may have helped stem the economic losses suffered by households and firms....
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China's recovery has broadened as economic activity has continued to normalize. Economic growth in China is projected … returns to trend growth. As China's recovery firms up, macroeconomic policies are expected to shift from accommodative to more … strength of the recovery in China and the rest of the world. Rising financial vulnerabilities, together with subdued …
Persistent link: https://www.econbiz.de/10012603633
Following a collapse in the first quarter of 2020, economic activity in China has normalized faster than expected … that constrained further investment-driven catch-up growth. Moreover, as China seeks to rebalance its economy from …
Persistent link: https://www.econbiz.de/10012497520
Activity in China continues to track the ups and downs of the pandemic - outbreaks and growth slowdowns have been … growth is expected to slow to 2.7 percent in 2022 - 1.6 percentage points lower than projected in the June China economic …
Persistent link: https://www.econbiz.de/10014247460
. However, growth momentum has slowed since April, indicating that China's recovery remains fragile and dependent on policy … support. China's GDP growth is projected to rise to a 5.6 percent in 2023, led by a rebound in consumer spending. The economic … recovery offers an important opportunity for policymakers to refocus their efforts on achieving China's longer-term development …
Persistent link: https://www.econbiz.de/10014312756
Economic activity in China has picked up in 2023, but the recovery remains fragile. Real GDP growth accelerated to 5 … pressures and still weak consumer confidence, suggests continued fragility in the recovery. China's investment deceleration has …
Persistent link: https://www.econbiz.de/10014495447
Authorities in East Asia Pacific (EAP) jurisdictions have adopted a battery of fiscal, monetary, and financial measures aimed at mitigating the unprecedented impacts of the Coronavirus disease 2019 (COVID-19) pandemic on the economy. This report discusses the quality of loan portfolios in the...
Persistent link: https://www.econbiz.de/10012700675
Long COVID: Scars and Opportunity. The title of this report has two meanings. First, that the disease will leave in its wake a durably damaged economy. Second, that the disease is not leaving any time soon and may be here to stay. This duality reflects the two themes of this Update. In the near...
Persistent link: https://www.econbiz.de/10012700809
tightening, China's structural slowdown and zero-COVID-19 policy could dampen regional exports, and the conflict between Russia …
Persistent link: https://www.econbiz.de/10013209216