At the 2024 Bund Summit, Benjamin Hung, President, International at Standard Chartered, shared his insights on the Chinese mainland's economic outlook with CGTN's Michael Wang. Hung highlighted that consumer spending is set to become the primary driver of economic growth in the region. He pointed out that the Chinese mainland's vast market and its high-quality supply chains are indispensable and cannot be easily replaced. This focus on consumption and robust supply chains underscores the mainland's ability to maintain economic stability and resilience in the face of global challenges.
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Stanchart Executive shares insights on China's economic resiliency
cgtn.com
