GLOBALink | China to play important role in global economic recovery: Pakistani expert
ISLAMABAD, Jan. 27 (Xinhua) -- Growing consumption and increased investor confidence in China will lead to a consumption rebound and stronger economic growth, Pakistani expert Faheem Sardar said, adding that China has an important role to play in the recovery of the global economy.
Given the constant optimization of China's COVID-19 policies and the recovery of China's domestic consumption, many foreign investors have cast a "vote of confidence" in the growth of China's economy by ramping up investment. Goldman Sachs and Morgan Stanley have raised China's GDP growth forecast for 2023 to more than 5 percent.
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