Experts praise China's role as "major engine of global growth"

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Experts praise China's role as "major engine of global growth"

STORY: Experts praise China's role as "major engine of global growth" DATELINE: March 7, 2023 LENGTH: 00:02:57 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of street scenes in China 2. SOUNDBITE 1 (English): WICHAI KINCHONG CHOI, Senior vice president, Kasikornbank in Thailand 3. various of container terminals 4. SOUNDBITE 2 (English): RONNIE LINS, Director of China-Brazil Center for Research and Business in Brazil 5. SOUNDBITE 3 (English): ALBERT KEIDEL, Adjunct professor of economics at George Washington University STORYLINE: The Chinese economy has become a spotlight in the world economy, and international institutions are widely upbeat about China's growth prospects. The International Monetary Fund in January projected that China's economy will grow by 5.2 percent in 2023, 0.8 percentage points higher than its October 2022 forecast. Credit rating agency Fitch Ratings revised its forecast for China's economic growth in 2023 to 5 percent from 4.1 percent. Bank of America and Morgan St

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