Yubi Daily Wrap

News update

IMF chief Georgieva said a third of the global economy will be in recession in 2023 and warned that 2023 will be tougher than last year as the US, EU and China will see their economies slow down.

China Beige Book shows that China’s manufacturing, services, and real estate sectors all experienced significant declines in Q4 2022, citing Covid-19 disruptions.

January 3, 2023

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