Foreign scholars and economists are doubling down on optimism for China's economic future, citing its unique strengths in tech innovation, global supply chains, and sustainable development. 🌱💡
'China is still a non-optional market,' says Arthur Kroeber of Gavekal Dragonomics, highlighting the country's 'enormous labor pool' and world-class infrastructure. He predicts China will dominate global manufacturing trade for years, even as markets try to diversify: 'Decoupling from China? Good luck with that.' 🏭⚡
Meanwhile, Columbia University’s Jeffrey Sachs points to China’s leadership in green tech—think EVs, solar power, and next-gen batteries—as key drivers of growth. 'These sectors will keep China’s economy moving forward,' he told the South China Morning Post. 🔋🌞
Beyond tech, the Belt and Road Initiative is set to expand China’s economic ties with emerging markets, especially in renewable energy and digital infrastructure. 🌐🚀 With experts calling it a 'source of incremental growth' for global businesses, China’s economic playbook is far from slowing down.
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Foreign scholars positive about China's economic growth prospects
cgtn.com