China’s COVID recovery has implications for the Middle East | Yun Sun

China’s COVID recovery has implications for the Middle East | Yun Sun

More than a month has passed since China abandoned its zero-COVID policy, reopening its doors after three years of self-imposed isolation. Even as the pandemic sweeps through the country like a tsunami, infecting millions, many inside China believe the worst is behind them.

This positive outlook is reflected in the economic arena. China experienced the slowest GDP growth in four decades last year, around three percent. But as businesses get back on their feet, the government believes external trade will increase significantly and growth will return.

China’s economic recovery has significant implications for the rest of the world, including the Middle East.