After a strong rebound last year, the world economy has again entered turbulent times amid a backdrop of global challenges such as the war in Ukraine, rising commodity prices and policy tightening in advanced economies.
Zooming in on China, the country is also dealing with different issues, such as the sharp slowdown in the real estate sector, sluggish consumption recovery and new Omicron outbreaks. How will these headwinds impact the Chinese economy? Is China’s growth target of around 5.5 percent for 2022 achievable? What can policymakers do to mitigate the impact of these headwinds on the economy? How does the World Bank see China’s near and longer-term growth outlook and what are the risks to the outlook?
We are honored to announce that the Acting Lead Economist for China of the World Bank will discuss these hot topics during BCECC’s webinar “The World Bank’s outlook on the Chinese economy” on May 10, 2022 at 10:00 CET (16:00 CST). Join us and gain insights from a unique perspective!
10:00-10:10: Opening words by Mr. Bernard Dewit, Chairman of the Belgian-Chinese Chamber of Commerce (BCECC)
10:10-10:55: “China’s Economy in 2022: Between Shocks and Stimulus” by Mr. Ibrahim Saeed Chowdhury, Acting Lead Economist of the World Bank
10:55-11:05: Q&A session
11:05-11:10: Closing remarks by Mr. Bernard Dewit, Chairman of the Belgian-Chinese Chamber of Commerce (BCECC)
Zoom (link will be sent out to the participants one day before the event)
BCECC Members: Free of charge
Non-members: €30/person (VAT Excl.)