China’s Economic Recovery after containing the COVID-19 Outbreak will help boost the global economy, Greek Economist said in a recent interview.
“China’s Economic growth is the most important source of growth for the global economy,” said Vasilis Trigkas, who is also a research fellow at the Belt & Road Strategy Institute at China’s Tsinghua University.
Noting that China’s economic recovery will be beneficial to the global economy, Trigkas said he believes China will eventually shift toward higher consumption domestically, which, however, might be a long-term process.
Trigkas said that China can attract investments from European Companies by accelerating negotiations for a bilateral investment treaty with the European Union, as well as deepening the reform and opening-up process.
“Obviously, this will have a positive impact on the global economy, as nations would increase their exports to the vast Chinese Market,” he said.