O'Neill sees China boosting economy

Says global trade is changing fast and dramatically

SYDNEY - World renowned economist and coiner of the term "BRIC (Brazil, Russia, India and China)" Jim O'Neill has said China's Belt and Road Initiative could "completely transform" the global economic outlook for the better.

O'Neill, who visited Sydney last week for an economic forum, spoke to Xinhua via telephone from his office in London, praising the work of the Chinese government in implementing the Belt and Road Initiative.