Joseph Cherian, CEO, president and dean of the Asia School of Business said during a recent interview that he has full confidence in the Chinese government’s ability to maintain economic stability. As the world’s second-largest economy, China faces far more challenges than smaller economies, yet has managed these challenges well through fiscal and monetary policies, Cherian said. He suggested that China can further reduce economic volatility by opening up to long-term, productive capital and shifting toward higher value-added industries. He also praised China’s remarkable progress in electric vehicles, robotics, high-speed rail and AI.