Despite China's growth rate growing at its slowest pace in 24 years, Sir Martin Sorrell, CEO of advertising giant WPP told CNBC that he remained bullish on China.
"There's a lot of China bashing going on, particularly when the GDP is only growing by 7.4 percent," Sorrell told CNBC at the World Economic Forum's annual meeting in Davos, but "it's the delta, the increment that counts."
On Tuesday, the country said its economy grew at 7.4 percent in the fourth quarter of 2014, slightly below the government's 7.5 percent growth target. Nonetheless, Sorrell pointed out that the country was still worth $9 trillion.
He has also praised the anti-corruption drive launched by President Xi Jinping, who came to power in late 2012. "I think management of the corruption issue by the new administration has been very strong. It was always going to take them two years to get things sorted out – I think it's been a good start," he said.