World pays greater attention to China´s role: U.S. expert

He also noted that it is clearly not in the interest of China, nor the U.S., nor the world economy if China moves too quickly to try to re-balance its portfolio.

China knows that and other countries do too. The world is grateful for what China is doing, he said.

"I think China is doing very well," Barth said, adding China is making effort to curb the downturn of its economic growth, and China is still in the positive growth.

As for the Chinese currency, the U.S. scholar said it is too early to talk about the RMB becoming a world currency now, but it could happen some day as China's expanding economy has become more integrated into the global economy.

If China continues to grow in the way it has, there is no reason not to believe that China's currency will become ever more important and play a major role in the world, he added.

Editor:Liu Anqi