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Taimur Baig, managing director and chief economist at DBS Bank, says China's export strength is often seen as a problem, even though its exports create jobs, generate income and foreign exchange earnings, and meet global demand. Amid global inflation pressures, he argues that China's competitive products provide a stabilizing force and benefit the wider world. He adds that homegrown intellectual property and advances in green technologies, pharmaceuticals and AI-related electronics are helping Chinese manufacturers move up the value chain and sustain export growth.#GoodPoint
Taimur Baig, managing director and chief economist at DBS Bank, says China's export strength is often seen as a problem, even though its exports create jobs, generate income and foreign exchange earnings, and meet global demand. Amid global inflation pressures, he argues that China's competitive products provide a stabilizing force and benefit the wider world. He adds that homegrown intellectual property and advances in green technologies, pharmaceuticals and AI-related electronics are helping Chinese manufacturers move up the value chain and sustain export growth.#GoodPoint