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REUTERS NEXT -Siemens CEO has seen better economic showing than expected

ZURICH, Jan 11 (Reuters) - The global economy is performing much better than feared, despite the ongoing COVID-19 pandemic, Siemens Chief Executive Joe Kaeser said on Monday, citing the recovery in China as the main driver.

“If it comes to the last month, we have certainly seen a much better development than we would have expected a few months ago,” Kaeser said during an interview at the Reuters Next conference.

“China has been extremely strong, coming out strong from the first wave of (the) COVID-19 pandemic,” he said, while adding that it was still too early to say economic problems caused by the coronavirus crisis were over.

For more coverage from the Reuters Next conference please click here or www.reuters.com/business/reuters-next

To watch Reuters Next live, visit here

Reporting by John Revill; Editing by Alexander Smith

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