China expects a global economic slowdown in 2012
Page 1 of 1
China expects a global economic slowdown in 2012
by Shirley Sun Apr 17, 2011 11:54 am
China expects a global economic slowdown in 2012
April 17th, 2011
China – Reuters
Said Lu Ju President’s sovereign wealth fund China’s $ 300 billion that the world economy may slow down or slip back into recession in 2012. He said if the chairman of the China Investment Corporation during the Boao Forum for Asia «We are optimistic relatively on 2011, but for the year 2012 it is likely that there will be a significant drop in economic growth or even recession.
»He added if the major economies have changed the current policies supportive of growth in the fourth quarter of this year, this will cause damage to economic performance. and went on to say: that in addition to that it is likely to stumble oil supplies because of unrest in the Middle East and North Africa.
He said that the economic situation in the United States will remain largely stable, while European economies will be affected by weak domestic demand. And if you expect to raise the emerging markets, interest rates and allow their currencies to rise would lead to slower economic growth in those countries.
[You must be registered and logged in to see this link.]
April 17th, 2011
China – Reuters
Said Lu Ju President’s sovereign wealth fund China’s $ 300 billion that the world economy may slow down or slip back into recession in 2012. He said if the chairman of the China Investment Corporation during the Boao Forum for Asia «We are optimistic relatively on 2011, but for the year 2012 it is likely that there will be a significant drop in economic growth or even recession.
»He added if the major economies have changed the current policies supportive of growth in the fourth quarter of this year, this will cause damage to economic performance. and went on to say: that in addition to that it is likely to stumble oil supplies because of unrest in the Middle East and North Africa.
He said that the economic situation in the United States will remain largely stable, while European economies will be affected by weak domestic demand. And if you expect to raise the emerging markets, interest rates and allow their currencies to rise would lead to slower economic growth in those countries.
[You must be registered and logged in to see this link.]
Shirley- Posts : 1230
Join date : 2011-04-16
Age : 54
Location : Louisiana
Similar topics» Clinton Calls for Global Response to Rising S. China Sea Risks
» The Global Economic Situation and Its Impact on the Transatlantic Relationship
» China to internationalise currency
» China should tighten further, IMF says
» How to value China’s reserves
» The Global Economic Situation and Its Impact on the Transatlantic Relationship
» China to internationalise currency
» China should tighten further, IMF says
» How to value China’s reserves
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum|
|
|