China said on Wednesday (Aug 16) its economic recovery “will be a bumpy and tortuous process”, but insisted Western critics “will for sure be proven wrong”.
The comments follow a raft of recent figures that have stoked concerns over China’s stuttering post-COVID recovery, and after US President Joe Biden said the country’s mounting economic problems made it a “ticking time bomb”.
“After the smooth transition of the epidemic prevention and control, China’s economic recovery is a wave-like development and a tortuous process, which will inevitably face difficulties and problems,” foreign ministry spokesman Wang Wenbin said at a regular news conference.
“A number of Western politicians and media have hyped up the periodic problems in China’s post-epidemic economic recovery process. But eventually, they will for sure be proven wrong,” he added.