China's economy posts healthy recovery, solid macro fundamentals: economist

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China's economy posts healthy recovery, solid macro fundamentals: economist

STORY: China's economy posts healthy recovery, solid macro fundamentals: economist DATELINE: March 24, 2022 LENGTH: 00:01:30 LOCATION: NEW YORK, U.S. CATEGORY: ECONOMY SHOTLIST: 1. SOUNDBITE 1 (English): ALBERT KEIDEL, Development economist specializing in East Asia 2. various of city views in China STORYLINE: A senior U.S. economist has said China's economy started the year on a positive note, with the country capable of maintaining steady, healthy growth despite headwinds. SOUNDBITE 1 (English): ALBERT KEIDEL, Development economist specializing in East Asia "To see investment growing that strong, especially investment in the higher tech sectors is a great support for future growth this year. Absolutely, I think, the macro picture is good, because the investment rate in GDP is still very high, still over 40%. And that's excellent. If you can combine it with some strong demand. I think it's just a very strong performance that promises to continue going forward." The economist, previously a senior fellow

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