The World Is Hopeful Of The Chinese Economy

The Chinese economy, which successfully passed the epidemic exam, showed great resilience. This situation has stimulated the confidence of foreign entrepreneurs in the future of the Chinese economy.
CNBC CFO Global Council reported in the report published the previous day that for the first time in history, financial affairs directors (CFOs) around the world were more hopeful of the Chinese economy than the US economy.

Mike Henry, CEO of BHP Billiton, one of the world's largest miners, recently told CNBC, pointing out that the Chinese economy has re-entered a stable growth course after a contraction in the first quarter.

Mike Henry predicted that the growth trend will continue in the next year, thanks to the measures taken by the Chinese government to stimulate the economy.

In addition to entrepreneurs around the world, some international organizations also express their confidence in the Chinese economy. According to Reuters, the international credit rating agency Moody's raised China's growth expectation for 2020 in its newly published report. - Hibya

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