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China to keep unchanged positive economic outlook

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Christian Fernsby ▼ | February 12, 2020
China assured yesterday to keep its long-term development outlook unchanged despite the impact of the coronavirus, but warned of the damage to global economic growth due to trade restrictions in some countries on account of the epidemics.
Geng Shuang
Economy in China   Geng Shuang
According to Geng Shuang, spokesperson for the Ministry of Foreign Affairs, the effects of the outbreak will depend on the effectiveness of the control and prevention work put in place, as the country has the capacity and ability to overcome and minimize the arising challenges.

Topics: China economic outlook

He cited the pronouncements of the International Monetary Fund and the World Bank on the sufficient space of China to face epidemiological adversity and its efforts to reduce risks in the world economy.

'Today, China represents 16 percent of the global Gross Domestic Product and contributes over 30 percent to the growth of the planet. If China's economy suffers, there will inevitably be sequels to other States and the entire planet,' he noted.

At that point, Geng pointed out that the Beijing authorities struggle to protect their own interests, but also for those of the international community.

'In the face of a public health crisis, we cannot resort to exaggerated reactions. The urgent task for everyone is to defeat the virus together and normalize exchanges and cooperation as soon as possible. Only then can we maintain global economic growth,' he stressed.

The spokesperson responded in this way to interruptions in business operations by some countries with China in the midst of the health contingency.

Although the global emergency was declared, actions such as travel warnings were not recommended.