Ragnar Baldursson,Minister Counselor and Deputy Chief of the Embassy of Iceland.

China's economic growth is slowing down a little bit, but that's OK because it's readjusting its priorities. China will succeed in shifting these priorities.

The US economy is doing fine, but Europe is still has problems. Of course the success of China's readjustment will be crucial for the world economy as a whole.

The Silk Road project is important for Xinjiang region because it will integrate it with the surrounding economies. Hopefully this will prove to be of value for the economic development of Xinjiang. The maritime Silk Road is also taking off as well, and it's quite clear that it will develop closer economic relation with that region. I think it is going to be successful in the end.

It's surprising how successfull it (China's anti-corruption campaign) has been, but I think it's going to be difficult to clean up because it's clear that the whole government system is under influence of corruption. If you want to clean that up, it could be dangerous for the whole administration.

-- Ragnar Baldursson

Minister Counselor and Deputy Chief of the Embassy of Iceland