China's economic recovery to drive global growth: experts

STORY: China's economic recovery to drive global growth: experts DATELINE: March 11, 2023 LENGTH: 00:02:59 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of China-related footage 2. SOUNDBITE 1 (English): CHARLES ONUNAIJU, Director of Center for China Studies, Nigeria 3. SOUNDBITE 2 (English): ALBERT KEIDEL, Adjunct professor of economics at George Washington University 4. SOUNDBITE 3 (Spanish): EDUARDO REGALADO, Senior researcher of International Policy Research Center of Cuba 5. SOUNDBITE 4 (English): KEITH BENNETT, Vice Chairman of 48 Group Club, UK STORYLINE: A string of positive signals has come out from China's ongoing sessions of the top legislature and national political advisory body. China's economic growth target for 2023 is set at around 5 percent, and the country also reaffirmed commitment to high-level opening up. Experts say that given China's importance for the global industrial chain and value chain, its steady growth will play an irreplaceable part in the stability, recovery a

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

China's economic rebound to energize world economy: U.S. economist

STORY: China's economic rebound to energize world economy: U.S. economist DATELINE: March 6, 2023 LENGTH: 00:01:23 LOCATION: NEW YORK, U.S. CATEGORY: ECONOMY SHOTLIST: 1. various of the views in China 2. SOUNDBITE (English): ALBERT KEIDEL, Adjunct professor of economics at George Washington University 3. various of the tourists in Thailand 4. various of the views in China STORYLINE: A U.S. economist says the Chinese economy will see a powerful rebound in 2023 with increased purchasing power, adding that the rebound will energize world economy. SOUNDBITE (English): ALBERT KEIDEL, Adjunct professor of economics at George Washington University "So I think the rebound in 2023 is just powerful. A major population ready to get back to consuming. So I think that's what's gonna happen, and it's gonna be a major surge, and investment will continue to support incomes and disposable incomes of households so they can spend the money. I think it's gonna be very positive. We're already seeing the impact in Southeast As

China rolls out registration-based IPO system across the board

STORY: China rolls out registration-based IPO system across the board DATELINE: Feb. 17, 2023 LENGTH: 00:01:54 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of views in China and stock market 2. SOUNDBITE 1 (English): HUANG DONGWEN, General Manager of Strategic Planning Division, Hitachi Elevator (China) Co., Ltd. 3. SOUNDBITE 2 (English): ALBERT KEIDEL, Adjunct professor of economics, George Washington University in the U.S. STORYLINE: China has officially rolled out its across-the-board registration-based initial public offering (IPO) system with relevant rules coming into effect on Friday, according to the country's securities regulator. Of milestone significance in the reform of China's capital market, the move has basically put in place the institutional arrangements for the registration-based system, the China Securities Regulatory Commission said in a statement. The rules involve simplifying listing requirements, optimizing registration procedures, improving the regulations on underwri

China's economic resilience boosts global confidence: Year in review

STORY: China's economic resilience boosts global confidence: Year in review DATELINE: Jan. 10, 2022 LENGTH: 0:04:56 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of China 2. SOUNDBITE 1 (English): WICHAI KINCHONG CHOI, Senior vice president, Kasikornbank of Thailand 3. SOUNDBITE 2 (English): OH EI SUN, Principal adviser for Malaysia's Pacific Research Center 4. SOUNDBITE 3 (English): FRANZ DECKER, President and CEO, BMW Brilliance Automotive Ltd. 5. SOUNDBITE 4 (English): JAN LAEGAARD BRONI, Executive Vice President, Meyra Group of Germany 6. SOUNDBITE 5 (English): ALBERT KEIDEL, Adjunct professor of economics, George Washington University in the U.S. 7. SOUNDBITE 6 (English): ROSE RONO, International trade expert based in Kenya 8. SOUNDBITE 7 (English): ALBERT KEIDEL, Adjunct professor of economics, George Washington University in the U.S. 9. SOUNDBITE 8 (English): DAVID M. RUBENSTEIN, Co-founder of U.S. Carlyle Group 10. SOUNDBITE 9 (English): LUCA PAOLINI, Chief strategist, Pictet Asset Managem

Chinese economy expected to deliver solid rebound in 2023: U.S. economist

STORY: Chinese economy expected to deliver solid rebound in 2023: U.S. economist DATELINE: Dec. 24, 2022 LENGTH: 00:02:05 LOCATION: NEW YORK, U.S. CATEGORY: ECONOMY SHOTLIST: 1. various of street scenes in China 2. SOUNDBITE 1 (English): ALBERT KEIDEL, Adjunct professor of economics, George Washington University 3. SOUNDBITE 2 (English): ALBERT KEIDEL, Adjunct professor of economics, George Washington University 4. SOUNDBITE 3 (English): ALBERT KEIDEL, Adjunct professor of economics, George Washington University 5. SOUNDBITE 4 (English): ALBERT KEIDEL, Adjunct professor of economics, George Washington University STORYLINE: A senior U.S. economist has said the Chinese economy is poised to deliver a solid rebound next year, bolstered by its underlying strength and policy stimulus. Albert Keidel, a development economist specializing in East Asia, said China's economy has maintained resilience amid challenges from COVID incursions and a complex international environment. SOUNDBITE 1 (English): ALBERT KEIDE

How China's economy achieves robust recovery amid pandemic?

STORY: How China's economy achieves robust recovery amid pandemic? DATELINE: April 24, 2022 LENGTH: 00:03:07 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. SOUNDBITE 1 (English): DAVID SUMUAL, Chief economist with PT Bank Central Asia 2. SOUNDBITE 2 (Spanish): EDUARDO REGALADO, Senior researcher at International Policy Research Center of Cuba 3. SOUNDBITE 3 (English): KRISTALINA GEORGIEVA, IMF Managing Director 4. SOUNDBITE 4 (English): ALBERT KEIDEL, Development economist specializing in East Asia STORYLINE: Faced with the challenges of the pandemic, China has executed a dynamic zero-COVID approach, balancing the tasks of protecting its population from the virus with keeping its economy on track. Registering a 4.8-percent gross domestic product (GDP) growth in the first quarter of this year, China's economy is off to a steady start, a feat accomplished despite the daunting challenges of contracting demand, supply chain shocks and a weak forecast. Experts are optimistic that China's economy will contin

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