China: Recovery 'tortuous'; critics to be 'proven wrong'

By Agence France-Presse

Aug 17, 2023 12:28 am

BEIJING: China said on Wednesday that its economic recovery 'will be a bumpy and tortuous process,' but insisted Western critics 'will for sure be proven wrong.'

The comments come after 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.'

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Gov't revises targets

AMRO lowers 2024 PH growth outlook

Manufacturing PMI hits 29-mo high

Asia factory activity rises but US tariff risks loom

Hurdles slow geothermal energy projects in SE Asia

DA wants revival of half-cup rice bill

Understanding 'Likas-Kaya' and 'Diwa-Kapwa'