Davos 2023: Global Economic Outlook: Is this the End of an Era?
World Economic Forum
00:00
The Reopening of China and the ECB's Analysis of Inflationary Headwinds
Christine Lagarde: The situation around the world must be improving a little bit if you hear so many competent talented economists say not as bad as feared. Added to which our economies and key players are moving from defence mode, which they had been collectively sometimes in 21 and certainly in 22,. So something must be getting better and certainly better than what we feared initially. In elasticity of supply, no real big engine for growth. If you look at the GDP numbers, it's totally counterintuitive. And that is clearly a determined choice that was made by the Chinese authorities. What impact it will have on all of us in terms of added demand addressed to the global economy is something that will be
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