China key to global recovery following Covid-19 pandemic, say experts

Chinese president Xi JIngping's pro-business statement is expected to provide a big boost to business confidence in China, both to foreign and local enterprises. - Reuters

BEIJING (China Daily/ANN): China could emerge from the coronavirus pandemic with a more dominant economy, replacing the United States as the world's largest within the current decade, according to experts.

The world's second-largest economy recorded 3.2 per cent growth in the second quarter, according to the National Bureau of Statistics, and has the potential to lead the global economy out of recession in the months ahead.