The world economy will return to its pre-covid level in late 2021. While great variations in the pace of recovery across global regions will persist, what can we expect for 2022?

Among many themes, we could look ahead to 2022 as a year of tests for China and the US, showing up all the strengths and weaknesses of their respective systems. China will want 2022 to display the advantages of order, discipline and control at the Olympics, in its handling of Covid, its management of business and then at the 20th party congress. But there will be risks too - from the Olympics to zero-Covid policy, to political and economic outlooks. America goes into 2022 with quite optimistic economic indicators and effective vaccines against Covid. But the mid-terms could be brutal - not just for Biden and the Democrats but for the image of American democracy full stop.

With so much at stake at home will the US and China governments each want to avoid confrontations in their bilateral relations? Will they be too distracted to show leadership in global forums, e.g. at the WHO in the context of Covid, at the WTO or in international climate talks? Will some markets and companies be forced to choose sides? How will Europe insert its geopolitical power and influence? To explore these questions, The Economist Group is hosting cocktails with our Chaguan columnist David Rennie, who will share his critical insights on the world post-covid.

The Economist has championed progress and globalisation since 1843, and these values are more relevant as ever. The Economist Group's Greater China Managing Director Qian (Louise) Liu is pleased to invite you to this special evening of drinks and discussion.

Please note that this event is limited to senior-level executives and per invitation only. If you would like to learn how you can attend this event, please contact us.

If you are travelling to Beijing to join this event, please kindly provide a negative PCR test result within 48 hours.