Quotable quotes from the 2023 Boao Forum
chinadaily.com.cn |
Updated: 2023-03-30 06:40
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Zhang Yuyan, director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences
We analyzed 50 economies in Asia, and are more optimistic about the continent.
China started its latest reserve requirement cut (on March 27), releasing 500 to 530 billion yuan ($72.57 to 76.93 billion) into the banking system, which is a very positive sign for China's economic growth and for Asia as a whole.
We are optimistic about Asia's development this year, but we must also guard against uncertainties, risks and challenges.
