China: ‘Fundamentals’ the same despite slowdown

Steady trail: A worker pulls elevator parts in a factory in Haian, China. Chinese diplomat Liu Pengyu says the country remains optimistic about its growth trajectory. — AFP

WASHINGTON: The Chinese embassy in Washington pushed back against interpreting China’s economic slowdown as a sign the country is facing deeper issues, acknowledging the rocky nature of the nation’s post-Covid rebound but stressing optimism for its growth trajectory.

“A post-Covid economic recovery will be bumpy from time to time,” Chinese embassy spokesman Liu Pengyu told reporters in an online briefing Tuesday. “But the fundamentals sustaining China’s long-term wealth will remain good, remain unchanged.”