Why pessimists are wrong about Chinese economy

STORY: Why pessimists are wrong about Chinese economy DATELINE: May 23, 2022 LENGTH: 00:02:42 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. aerial view of Chinese cities, banks 2. SOUNDBITE 1 (English): ANEEL SALMAN, Economist at Comsats University Islamabad 3. SOUNDBITE 2 (English): ANEEL SALMAN, Economist at Comsats University Islamabad 4. SOUNDBITE 3 (Chinese): JERRY ZHANG, Chief executive officer, Standard Chartered Bank (China) 5. SOUNDBITE 4 (English): BORGE BRENDE, World Economic Forum President STORYLINE: Amid the latest COVID-19 flare-ups in China, fallacies have emerged in the Western media, from hyping up China's suffering from a loss in foreign investment and supposed economic stagnation to accusing China of exacerbating the global supply chain crisis and drawing smaller economies into "debt traps." The ultimate goal of these bizarre claims is to discredit China's economy and its dynamic zero-COVID policy. SOUNDBITE 1 (English): ANEEL SALMAN, Economist at Comsats University Islamabad "T

Xinhua Headlines: Why pessimists are wrong about Chinese economy

Xinhua Headlines: Why pessimists are wrong about Chinese economy

(220523) -- BEIJING, May 23, 2022 (Xinhua) -- Workers make chips for export at an electronics company in Sihong, east China's Jiangsu Province, Feb. 23, 2022. (Photo by Xu Changliang/Xinhua)

Xinhua Headlines: Why pessimists are wrong about Chinese economy

Xinhua Headlines: Why pessimists are wrong about Chinese economy

(220523) -- BEIJING, May 23, 2022 (Xinhua) -- Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva speaks during a virtual press conference in Washington D.C., the United States, April 20, 2022. (Cory Hancock/IMF/Handout via Xinhua)

Xinhua Headlines: Why pessimists are wrong about Chinese economy

Xinhua Headlines: Why pessimists are wrong about Chinese economy

(220523) -- BEIJING, May 23, 2022 (Xinhua) -- Mechanical arms conduct welding work in a workshop of the Tiexi Plant of BMW Brilliance Automotive (BBA) in Shenyang, northeast China's Liaoning Province, Feb. 16, 2022. (Xinhua/Yang Qing)

Xinhua Headlines: Why pessimists are wrong about Chinese economy

Xinhua Headlines: Why pessimists are wrong about Chinese economy

(220523) -- BEIJING, May 23, 2022 (Xinhua) -- Photo taken on May 17, 2022 shows a view of the automated container terminal of Shanghai Yangshan Deep Water Port in east China's Shanghai. (Xinhua/Ding Ting)

Xinhua Headlines: Why pessimists are wrong about Chinese economy

Xinhua Headlines: Why pessimists are wrong about Chinese economy

(220523) -- BEIJING, May 23, 2022 (Xinhua) -- A ship is loaded with electric cars produced by U.S. automaker Tesla's Shanghai Gigafactory, before leaving for Slovenia from a port in east China's Shanghai, May 11, 2022. (Xinhua)