Thailand: China's economic outlook reshapes Asian growth: IMF, WB officials.

【Voice_over】 For decades, China's economic growth was visible almost everywhere. Factories became cities. Cities became economic powerhouses. And an entire nation transformed the way the world produces, trades and consumes. Now, another transformation is underway. Algorithms. Artificial intelligence. And in technologies that barely existed a generation ago. It's a transformation unfolding across much of Asia. Despite mounting economic pressures, the region remains one of the world's fastest-growing. And as discussions at the IMF and World Bank Annual Meetings in Bangkok highlight, technology investment and changing supply chains could help drive its next phase of growth. 【Sound_bite】 Krishna Srinivasan, Director, Asia and Pacific Department, International Monetary Fund: "Upside outcomes are possible if AI-related investment proves more persistent and productivity gains materialise faster than expected or if create arrangements to improve predictability." 【Voice_over】 China is central to that picture. The IMF forecasts growth of 4.5 percent this year — broadly in line with government targets and well above the global average. But the significance of China's growth extends beyond the headline figures. Its vast domestic market and growing technological capabilities are opening new opportunities for trade and investment, particularly across Southeast Asia. 【Sound_bite】 Kwanpadh Suddhi-Dhamakit, Senior Country Officer, World Bank Thailand: "China is leading it on many fronts. Obviously, in terms of the EV, solar PV, we're benefiting a lot. The question now is how do you attract investment that can bring in new technology in all of these sectors and then make it easy for pledges of investment to translate into real investment." 【Voice_over】 In Thailand, Chinese companies are expanding investment in manufacturing, electric vehicles and clean energy. Across Southeast Asia, Supply chains are changing. New industries are emerging. And economic ties are moving beyond traditional trade. 【Stand_up】 Dusita Saokaew, Reporter: "China has already established itself as a major force in emerging technologies. And as those advancements continue to reshape industries and investment, their economic influence will likely deepen — extending well beyond China's borders and helping shape the direction of the global economy." 【Voice_over】 China is changing. But so is the world around it. Markets are shifting. Trade relationships are being redrawn. And the rules of economic competition are evolving. The world once looked to China as its factory. Increasingly, it is looking to China as a source of innovation. And that shift could redefine far more than China's own economic future. [Restrictions: No access Chinese mainland]