China's reopening from COVID raises specter of new inflation

Virus fight continues but analysts expect soaring demand for resources

20221219 china property

Construction in Shanghai: A recovery in China's slumping property market and other sectors could fuel global inflation. © Reuters

PAK YIU, Nikkei staff writer

HONG KONG -- China's gradual emergence from zero-COVID limbo promises to boost its economic growth but poses a double-edged sword, as the reopening of the world's No. 2 economy could fan global inflation that has been showing some signs of easing.

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