HomeEconomicFT Editorial: China's rapid liberalization will disrupt the global economy

FT Editorial: China’s rapid liberalization will disrupt the global economy


As the world’s elite gather in Davos this week, there will be small topics of optimism for them to discuss, enlivening an awkward conversation about the bleak economic outlook for 2023. First, global inflation appears to be peaking. In the US, inflation has fallen to its lowest level in more than a year. Across the Atlantic, European gas prices have fallen to levels seen before the Russian invasion of Ukraine. The latest data has given some analysts hope that annual global economic growth will not be as discouraging as the World Bank’s forecast for growth of 1.7% earlier this week. but…

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