One-third of the world economy may slide into a recession this year, but the outlook for China remains more murky.
The gloomy economic forecast was made by the International Monetary Fund (IMF), based on concerns over an economic slowdown in the US, the EU and China, but some analysts believe 2023 will be a year of economic recovery for the world’s second-largest economy.
A mélange of factors including a surge in Covid-19 infections in China and Beijing’s monetary policy and decision to reopen the country for…