China performs economic U-turn to boost growth, and more

China performs economic U-turn to boost growth By Herbert Poenisch

After President Xi Jinping resecured his power at the 20th congress of the Communist Party of China, the country has responded to real-world challenges with unprecedented U-turns, not only in fighting Covid-19 but also in economics. While China has good intentions in targeting real estate and the public sector, the spread of Covid-19 will cast a big shadow over the economic outlook for 2023.

Read the full commentary here.

Global economy faces challenging 2023 By Mark Sobel The global economic outlook for 2023 is bad. Global growth will be low, even perhaps recessionary, and average inflation and unemployment high. But just how bad will it be? Read the full commentary here.

MEETINGS Sustainable finance in Africa Thursday 19 January, Roundtable This roundtable, with deputy governors from both the Central Bank of Kenya and Bank of Mauritius, discusses ESG policies that incentivise the development and transparency of sustainable financial markets across Africa.  Register to attend here.

ON DEMAND  Public investor outlook 2023 As they head into the new year, what are the primary concerns for public asset owners? Max Castelli, head of strategy and advice, global sovereign markets, UBS Asset Management, joins Taylor Pearce, economist, OMFIF, to discuss these key questions. Listen to the podcast here.

LATEST REPORT Future of payments 2022 This report focuses on the challenges of cross-border payments for emerging market countries, delving into the validity of cryptocurrencies and stablecoins as a means of escaping domestic inflation and sending cheap remittances. Read the report here.