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.”

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

South Korea proxy fight could derail Trump’s zinc bet
Mercosur wants EU to know it has other options
Renewables shine ahead
High-end thrift stores boldy defend their niche
Lagenda ramps up affordable housing push
M&A activity set to soar in 2026
M’sia resilient despite global risks, says IMF
What headline-generating FDI tells us
Gold futures likely heading higher this week
AEON Credit targets 12% ROE

Others Also Read