CLEAN : Chinese economy doing well: Analyst

The transcript discusses the current state of the Chinese economy, highlighting its resilience and potential for growth, particularly in the services sector. Despite challenges in traditional industries, such as overcapacity, the economy is expected to grow at 6.5% or higher. This growth is crucial not only for China but also for the global economy, as a sudden drop could have widespread negative effects. The focus is on structural reforms and shifting resources to more promising sectors to sustain growth.

What is the predicted growth rate for China this year?

What impact could a sudden drop in important sectors have on China and the world?