International mainstream media often label China's economy with dramatic terms such as "collapse," "slow down," or "peaking." The world has become so engrossed in the narrative of economic turmoil that it overlooks the remarkable performance China is demonstrating. China has not only achieved one of the highest growth rates among the world's major economies but has also contributed to over 30% of global growth in 2023. In the early months of 2024, China's economy continued to exceed expectations, marking significant achievements in multiple industries such as retail. Beyond traditional metrics, China is pioneering innovative industries, charting a course toward a future fueled by what it calls high-tech and sustainability. Despite this, some international mainstream media continue to sensationalize China's economy, casting its growth in a light of great uncertainty and instability. What's the real story of China's economy?
Guests:
Prof. John Gong, Vice President of the University of International Business and Economics-Israel;
Anthony Moretti, Associate Professor of Communication and Organizational Leadership of Robert Morris University;
Carl Fey, Professor of Strategy from BI Norwegian Business School, Norway.