TITLE

Asia

AUTHOR(S)
BRUNNER, LINCOLN
PUB. DATE
January 2009
SOURCE
Modern Metals;Jan2009, Vol. 65 Issue 1, p32
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses China's resilience as its economic rivals around the world reels with the impact of global recession. To maintain its 8% growth rate, the article notes that China cut its interest rates by 108 basis points. It mentions that China's limited exposure to the global financial crises and its strong domestic markets allow it to maintain its target minimum GDP growth. With its high savings rate, debt-free standing, enviable cash position, and robust demand for its products, China's economy remains solid and resilient.
ACCESSION #
36402559

 

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