China to See Much Stronger Second Quarter: Miller

The video discusses China's economic situation post-COVID-19, highlighting the challenges faced during the reopening phase and the lack of expected 'revenge spending' in the first quarter. It analyzes economic data, noting improvements in borrowing and CapEx numbers, and forecasts a stronger second quarter. The global implications of China's growth are considered, emphasizing the need for consumer reactivation. The video concludes with a discussion on the potential for structurally lower growth in the future.

What does the term 'structurally lower growth' imply for the future of the Chinese economy?

In what ways might the recovery in 2023 differ from previous economic recoveries?