With a strict zero-Covid policy and surge in export growth, China\u2019s economy grew an impressive eight percent in 2021, yet uncertainty looms on the horizon. Nomura and Goldman Sachs both anticipate that China\u2019s annual GDP growth will fall to 4.3 percent in 2022; some estimates are even lower. Both the promise of continued export growth and the threat of surging inflation raise critical questions in a very important political year for China. What are some potential obstacles Beijing could face with an economic slowdown? How will tariffs, trade imbalances, and geopolitics affect China\u2019s economic prospects?
The National Committee, in partnership with Peking University\u2019s National School of Development (NSD), held a virtual program on\xa0March 2, 2022\xa0with Dr.\xa0Hu Yifan\xa0and Dr.\xa0Huang Yiping to provide a forecast of China\u2019s economy in the coming year.