Chinese FM: Western critics will for sure be proven wrong 
China said on Wednesday (Aug 16) its economic recovery "will be a bumpy and tortuous process", but insisted Western critics "will for sure be proven wrong".
Chinese FM: Western critics will for sure be proven wrong 
Geurasia

Chinese FM: Western critics will for sure be proven wrong 

Photo: iStock
Eurasia 18/08/2023 18:00

China said on Wednesday (Aug 16) its economic recovery "will be a bumpy and tortuous process", but insisted Western critics "will for sure be proven wrong", Channel News Asia reported.

The comments follow a raft of recent figures that have stoked concerns over China's stuttering post-COVID recovery, and after US President Joe Biden said the country's mounting economic problems made it a "ticking time bomb", according to Channel News Asia.

"A number of Western politicians and media have hyped up the periodic problems in China's post-epidemic economic recovery process. But eventually, they will for sure be proven wrong," foreign ministry spokesman Wang Wenbin said.

"After the smooth transition of the epidemic prevention and control, China's economic recovery is a wave-like development and a tortuous process, which will inevitably face difficulties and problems," he added.

Chinese leaders have sought to boost domestic consumption in recent weeks, with the State Council releasing a 20-point plan last month to encourage citizens to spend more in sectors including vehicles, tourism and home appliances.

The country's top brass has warned that the economy faces "new difficulties and challenges" as well as "hidden dangers in key areas", the news site added.

"But we never shy away from problems, we have taken proactive measures to solve problems, and the results have been or are being seen," the foreign ministry's Wang said.

#China
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