Economic activity in China continues to track the ups and downs of the pandemic—outbreaks and growth slowdowns have been followed by uneven recoveries. Real GDP growth is projected to reach 2.7 percent this year, before recovering to 4.3 percent in 2023, amid a reopening of the economy, according to Navigating Uncertainty, the latest China Economic Update released today by the World Bank. “Continued adaptation of China’s COVID-19 policy will be crucial, both to mitigate public health risks and to minimize further economic disruption,” said Mara Warwick, World Bank Country Director for China, Mongolia and Korea. ... (full story)