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Global Economy 2024: New Growth Drivers Ahead 🌱💼

Will 2024 bring economic turbulence or opportunities? As advanced economies face slowdowns, experts weigh in on how nations can spark growth despite inflation and geopolitical risks. 🔥 CGTN’s Biz Talk sat down with Tsinghua University’s Li Daokui and Nobel laureate Thomas Sargent to crack the code for next year’s economy.

Innovation Over Uncertainty

Li Daokui emphasized “targeted investments in tech and green energy” as keys to resilience. Think AI-driven industries and sustainable infrastructure—sectors that could become 2024’s MVP growth engines. 💡

The Inflation Puzzle

Thomas Sargent warned that sticky inflation might linger, but argued “smart policy mixes”—like balancing interest rates with job creation—could ease the pressure. 📊 His take? Central banks need to stay agile, like a TikTok trend adapting overnight.

Asia’s Rising Momentum

Both experts highlighted Asia’s role in boosting global trade, with the Chinese mainland’s digital economy and renewable projects offering “collaborative blueprints” for others. 🌏 Cross-border partnerships in tech and climate solutions could be the ultimate power-up for 2024.

Bottom line? Adaptation + innovation = economic glow-up. 🚀

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