In the World Economic Outlook report released on the 11th, the IMF kept the global growth rate forecast at 3.2% in 2022, but lowered the growth forecast to 2.7% in 2023. The report predicts that more than one-third of global economies will fall into recession this year or next. Global inflation will peak at the end of 2022.
CGTN published an article explaining why China is commemorating the 80th anniversary of the victory in the Chinese People's War of Resistance against Japanese Aggression and the World Anti-Fascist War.