BEIJING: Some monthly indicators of the Chinese economy saw fluctuations or slower growth due to factors such as floods, the resurgence of local Covid-19 cases and relatively high base in 2020, leaving some western naysayers once again come to peddle that China is failing in its role as a global growth driver. But, how true is that?

In their latest global growth outlook, international organizations including the Asian Development Bank (ADB) and the Organization for Economic Cooperation and Development (OECD) showed renewed confidence in the resilience and potential of the Chinese economy.