05-04-2022, 10:18 AM
https://www.aljazeera.com/economy/2022/4...in-2-years
“Just as the global economy showed tentative signs of recovery, the Russia-Ukraine war and the new COVID outbreak in Shanghai have acted as a perfect storm to push the global economy ship towards the waters of recession,” Tim Harcourt, chief economist at the Institute for Public Policy and Governance at the University of Technology Sydney, told Al Jazeera.
“This will lock China substantially out of the global economy until 2024.”
“Just as the global economy showed tentative signs of recovery, the Russia-Ukraine war and the new COVID outbreak in Shanghai have acted as a perfect storm to push the global economy ship towards the waters of recession,” Tim Harcourt, chief economist at the Institute for Public Policy and Governance at the University of Technology Sydney, told Al Jazeera.
“This will lock China substantially out of the global economy until 2024.”