Anne-Sylvain Chassani and Stephen Morris report from Davos
In Davos, Chinese Vice Premier Liu He met privately with a group of top business executives and told them the world’s second-largest economy was back. The move is aimed at reactivating economic ties damaged by the outbreak and U.S.-China tensions.
Executives who attended the lunch said Mr. Liu’s speech had revived optimism about China’s economic prospects. China’s economy has previously been hit by factors such as the new crown “clearance” policy, a real estate downturn and regulators’ crackdown on the technology industry. Beijing has been implementing the new crown “clearing” policy until recently.