Davos, Switzerland - January 20, 2025 China's economy remains a driving force for global growth, exerting a positive influence on developing countries despite the challenges posed by global economic volatility and uncertainty, said Joe Ngai, chairman of McKinsey's Greater China Office, during an interview on Monday. In an interview with China Global Television Network (CGTN) during the ongoing 2025 World Economic Forum in Davos, Switzerland, Ngai emphasized that the current geopolitical tensions have created a climate of significant global uncertainty, and businesses in China have taken proactive steps to prepare for this new landscape. Regarding the trade protectionism policies that the new U.S. administration will implement, the chairman believes that tariffs will become a kind of norm in international trade. As a result, countries like China and those in Europe will seek to expand their bilateral trade partnerships to mitigate risks. This shift will reshape the global economic and supply chain landscape, according to Ngai. In addition, Ngai expressed confidence in the trade partnership between China and African countries, noting that China's robust manufacturing and continued economic growth will positively impact developing countries as they seek for prosperity. Shotlist: Davos, Switzerland - Jan 20, 2025: 1. Various of signboards for World Economic Forum (WEF) Annual Meeting 2025; people walking in forum venue; Davos, Switzerland - Jan 20, 2025 2. SOUNDBITE (English) Joe Ngai, chairman of McKinsey's Greater China Office (starting with shot 1): "I think we live in highly volatile times, but businesses have learned that 'I need some resilience to go through this and I need some agility to go through this.' My mindset needs to be very prepared for an uncertain world. When I talk to my clients in China, they all know that there will be a lot of uncertainty, but they have all prepared for it for the past few years already. So, in some ways, we are more prepared, but there will be a more uncertain world."; Davos, Switzerland - Jan 20, 2025 3. Various of venue of WEF Annual Meeting, flags, pedestrians; Davos, Switzerland - Jan 20, 2025 4. SOUNDBITE (English) Joe Ngai, chairman of McKinsey's Greater China Office (partially overlaid with shot 5/ending with shots 6-7): "I think that for a very long time, the U.S. was one of the major consumers in the world and has been growing very strongly. I think, right now, they are re-looking at that particular equation. But I think that, equally, I would say that Europe is in the same position, and many other countries are also in the same position as well. So, I think tariffs or more barriers towards trade will become a bit of a feature in global trade, coming up. And I think that for every single country, and in this particular case, for China, we will have to navigate a lot more bilaterally between each country and each consumption. The world order and supply chains, in that sense, I think will be reconstructed."; [SHOT OVERLAYING SOUNDBITE] Washington D.C., USA - Jan 20, 2025 5. Various of White House; [SHOT OVERLAYING SOUNDBITE] FILE: China - Exact Location and Date Unknown 6. Aerial shots of port, cargo ships, cranes; 7. Aerial shots of cityscape, bridges; Davos, Switzerland - Jan 20, 2025 8. SOUNDBITE (English) Joe Ngai, McKinsey's Greater China Office (ending with shot 9): "I think China's relationship with Africa and African countries has been a growing source of a trade patterns. You see a lot more Chinese companies are actually operating in Africa, and a lot more Chinese vehicles and the automotive industry are going to a lot more southern markets as well. I think that the Chinese market has a lot to offer. We account for about 18 or 19 percent of global GDP and we are still growing at 5 percent a year. We still offer some of the best value for money in manufacturing around the world."; FILE: China - Exact Location and Date Unknown 9. Various of robot arms, factory machines in operation; Davos, Switzerland - Jan 20, 2025 10. SOUNDBITE (English) Joe Ngai, chairman of McKinsey's Greater China Office (ending with shots 11-14): "So, I think the next era here is really how does China balance our own demand and our own capacity for manufacturing? How do we make sure that we play the role of a great global citizen where we are helpful in many developing countries as they go through their curve towards prosperity? We have gone through it very successfully in the last 30 years. The question now is how other countries also go through it, and how can we play a role in their development? And I think Africa is a very good example of that."; FILE: Ethiopia - 2023 11. Train on Ethiopia-Djibouti Railway; 12. Passengers boarding train; 13. Train running; FILE: Lagos, Nigeria - Date Unknown 14. Various of building with sign reading "Lekki Port"; 15. Aerial shots of cranes, containers at port. [Restriction - No access Chinese mainland]