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QUESTION TWO The abandonment of the zero-COVID policy by China at a time (in 2023) when global inflation was high and remaining elevated and recession

QUESTION TWO

The abandonment of the zero-COVID policy by China at a time (in 2023) when global inflation was high and remaining elevated and recession concerns were mounting has important implication for the macroeconomic outlook. Trace the channels through which the reopening of China, early in 2023, is important for emerging market developing economies (EMDEs).

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