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Reuters
Reuters
Business
By Brenda Goh and Lananh Nguyen

Davos 2023: China reopening? Good for growth, but tread with caution

FILE PHOTO: China's Vice-Premier Liu He addresses the World Economic Forum (WEF), in Davos, Switzerland, January 17, 2023. REUTERS/Arnd Wiegmann/File Photo

China's declaration that it is open for business was welcomed by attendees at the World Economic (WEF) as a likely boost to global growth, though many also expressed caution over how it could drive up global COVID-19 cases and inflation.

The topic of China's reopening came up at several discussions, both public and private, as China's economic tsar Liu He made a big pitch for foreign investment in the ski resort of Davos on the first visit abroad by a high-level Chinese delegation since Beijing shelved its three-year-old zero-COVID policy.

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