Global firms confident in China's growth

Decoupling infeasible, will hamper recovery of world economy, execs say

Multinational corporations have voiced optimism and confidence in China's long-term potential for economic growth, despite mounting external uncertainties such as the potential risks of decoupling and supply chain disruptions.

They also are beefing up efforts to expand their presence in the world's second-largest economy through further investment and localized operations.

Economists and industry insiders said any intention of decoupling from China is clearly infeasible and against the historical currents, and attempts to do so would hamper the recovery of the world economy, which is suffering from high inflation and downside risks.