China's economic growth for 2022 is expected to have been among its weakest in four decades after the twin crises of the pandemic and property woes, analysts said ahead of Tuesday's GDP announcement. Beijing abruptly loosened pandemic restrictions in early December after three years of enforcing some of the harshest Covid measures in the world. "The three horse carriages of the Chinese economy are all facing a relatively evident downward pressure in the fourth quarter," Zhang said. But, after three years of health restrictions, "China's reopening process has started", she said. The World Bank forecast China's GDP will rebound to 4.3 percent for 2023 -- still below expectations.
