China: economy starts reopening amid geopolitical tensions with the US?

China's economy reopening after the pandemic is expected to boost global economic growth as supply chain pressures ease. Debt and stock markets, driven by monetary and fiscal policies, have seen significant recovery. However, China still faces weakening demand in the real estate market and sluggish export activity due to reduced global demand for goods.

Additionally, the US shooting down a Chinese spy balloon has heightened tensions between the two superpowers. This could lead to a new tech and trade war, as well as capital outflows from the Chinese market by foreign investors.

This week's macroeconomics article will be used by Viet Hustler to discuss the reopening of the Chinese economy and the related geopolitical tensions involving this country.

China's economy reopening and its impact on the global economy

China's economic situation upon reopening after the Covid pandemic 

After the market reopening move, the Chinese government has set 3 goals: boost consumption, promote exports, and revive the real estate market.