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Is China's economic recovery for real?

Beijing's road map for economy clouded as reformers prepare to exit

A shopping complex in Sanya, China. With the Chinese economy reopening, the IMF forecasts GDP growth of 5.2% in 2023.   © Reuters

TOKYO -- The economic pessimism that reigned a short while ago now seems like an illusion. The global economy will not turn out as bad this year as previously thought, according to the prevailing outlooks.

Attitudes started to brighten with the reopening of China's economy, prompted by the end to the country's zero-COVID policy. Stalled economic activity immediately began to pick up.

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