China still has "plenty of room for growth," GE 's vice chairman told CNBC on Wednesday, rejecting fears of a hard landing for the world's second-largest economy.
"There is plenty of room for growth. If you are in the infrastructure business and you take a long view, you have to bet on China, you have to be a part of it," Hong Kong-based John Rice said from the World Economic Forum in Davos, Switzerland.
The Chinese economy has slowed steadily since 2010. On Tuesday, it posted 6.9 percent growth for 2015, in line with economists' estimates in a Reuters poll. Growth is seen by the International Monetary Fund at 6.3 percent in 2016 and 6 percent in 2017.