Foreign enterprises show confidence as China moves to unleash market demand

STORY: Foreign enterprises show confidence as China moves to unleash market demand DATELINE: Aug. 4, 2022 LENGTH: 00:02:35 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. SOUNDBITE 1 (English): BORGE BRENDE, World Economic Forum (WEF) President 2. SOUNDBITE 2 (English): DAVID M. RUBENSTEIN, Co-founder of Carlyle Group 3. SOUNDBITE 3 (English): ZHANG XINGBO, Director and General Manager of Swire Coca Cola Xiamen Ltd. 4. SOUNDBITE 4 (English): KURT WEE, CEO of Celligenics Pte Ltd. 5. SOUNDBITE 5 (English): YANN BOZEC, President of Tapestry Asia Pacific STORYLINE: Foreign experts and enterprises have shown confidence in China's economy as the country is maneuvering its policy toolkit to bolster domestic demand to perk up the economy. Since March, COVID-19 flare-ups hit consumption hard and caused a decline. However, the country's retail sales of consumer goods regained vitality and reversed the declining trend to climb 3.1 percent year on year in June. The recovery came after a raft of policies to spur co