China's development success a great opportunity for world economy, says expert

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China's development success a great opportunity for world economy, says expert

STORY: China's development success a great opportunity for world economy, says expert SHOOTING TIME: Dec. 18, 2023 DATELINE: Jan. 3, 2024 LENGTH: 00:01:33 LOCATION: FRANKFURT, Germany CATEGORY: ECONOMY SHOTLIST: 1. various of street view in China 2. SOUNDBITE 1 (English): HORST LOECHEL, Professor of economics at the Frankfurt School of Finance and Management 3. SOUNDBITE 2 (English): HORST LOECHEL, Professor of economics at the Frankfurt School of Finance and Management 4. various of China's innovative projects STORYLINE: A leading German economist has said China's development success in recent decades has benefited foreign companies, and its vast market continues to hold promise for European firms. SOUNDBITE 1 (English): HORST LOECHEL, Professor of economics at the Frankfurt School of Finance and Management "I think the opening-up of China and the huge success of Chinese development, let's say the amazing success in the last 45 years or so, was also great for foreign companies. They make a very good busi

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