Experts: China's economic growth is a positive for global economy

Having recently returned from China, Craig Allen, president of the US-China Business Council, said he was impressed that the Chinese economy was "quite healthy and quite strong." "I would anticipate no major problems within the Chinese economy and that makes me very happy, because the world needs Chinese growth," Allen told China Daily. "Without Chinese growth, commodity prices will have problems, and American exporters want to export to China. "So we want Chinese growth to remain strong and stable into the future for the good of the global economy," Allen said. "China and the United States are the two engines of global growth, and both engines have to be doing well for the global economy to be strong, and so it is in our interest to see a strong and stable Chinese economy." Allen said he expects China's economy to remain in the 5 percent to 6 percent growth range despite weaknesses in some areas.