How China’s reopening will disrupt the world economy
A tale of death, growth and inflation
For the better part of three years—1,016 days to be exact—China will have been closed to the world. Most foreign students left the country at the start of the pandemic. Tourists have stopped visiting. Chinese scientists have stopped attending foreign conferences. Expat executives were barred from returning to their businesses in China. So when the country opens its borders on January 8th, abandoning the last remnants of its “zero-covid” policy, the renewal of commercial, intellectual and cultural contact will have huge consequences, mostly benign.
This article appeared in the Leaders section of the print edition under the headline “Exit wave”
Leaders January 7th 2023
- A realistic path to a better relationship between Britain and the EU
- How China’s reopening will disrupt the world economy
- Why the gusty North Sea could give Europe an industrial edge
- Starlink’s performance in Ukraine has ignited a new space race
- What the Kevin McCarthy saga means for America’s Congress
From the January 7th 2023 edition
Discover stories from this section and more in the list of contents
Explore the editionMore from Leaders
Sir Keir Starmer should aim higher in his reset with the EU
And he needs to be clearer about what Britain wants
To make electricity cheaper and greener, connect the world’s grids
Less than 3% of the world’s power is internationally traded—a huge wasted opportunity
Chinese AI is catching up, posing a dilemma for Donald Trump
The success of cheap Chinese models threatens America’s technological lead
America has an imperial presidency
And in Donald Trump, an imperialist president for the first time in over a century
Tariffs will harm America, not induce a manufacturing rebirth
Donald Trump’s pursuit of tariffs will make the world poorer—and America, too
How to improve clinical trials
Involving more participants can lead to new medical insights