World Economic Prospects: China triggers a further downgrade to the outlook
- Ongoing lockdowns and restrictions in China have prompted us to lower our Chinese GDP growth forecast for this year and become more pessimistic about the easing of global supply chain bottlenecks.
- Therefore, we have lowered our global GDP growth forecasts by 0.4ppts to 3% in 2022 and by 0.1ppt to 3.1% in 2023.
- A range of timely activity indicators confirms that China’s zero-tolerance approach to Covid is taking a heavy toll on the economy.
Global Macro Service
Monitor macro events and their potential impact.Find Out More
Global Economic Model
Our Global Economic Model provides a rigorous and consistent structure for forecasting and testing scenarios.Find Out More
Emerging Markets Asset Manager Service
Emerging markets insight and opportunity at your fingertips.Find Out More
Economic and Political Risk Evaluator
A framework for assessing economic and geopolitical risks.Find Out More