Expert discusses China’s economy and global financial role


In an interview with CGTN Anchor Guan Xin, renowned economist Professor Eswar Prasad provided his insights into China’s economic outlook and its evolving role in global finance.

Discussing his latest book The Future of Money, Prasad explained how new technologies are transforming payments and finance worldwide. He added digital payments like those prevalent in China can benefit consumers, businesses and governments.

On promoting global cooperation, Prasad stressed the need to separate geopolitical tensions from issues where countries share common interests like climate change. He emphasized that collaboration between the U.S. and China will be critical in tackling global challenges.

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