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China key to easing global recession

The United Nations is counting on China as Asia's "locomotive" for global economic growth, it said in a high-level report released on Friday. In the World Economic Situation and Prospects 2009, UN experts forecast China will achieve between 7 and 8.9... ...full story at People's Daily

from People's Daily on Sat, Jan 17 2009

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24 Feb 09 visit Clinton ends Asia tour stressing economic ties in China  »  YouTube videoSecretary of State Hillary Clintons week-long tour of Asia ended this weekend with high-level talks in China, which covered the global economic crisis, global warming and North Koreas nuclear program. Cheng Li, the director of research at the China...
21 Jan 09 visit China confident in its ability for earliest recovery  »  People's Daily A report released by the World Economic Forum recently warns of challenging risks to the global economy in 2009. The report, Global Risk 2009, which identifies deteriorating fiscal positions of countries worldwide, predicts that the slowdown in the growth...
30 Nov 08 visit Expert: China expects economic growth by 10% in 2009  »  People's Daily China's economy is expected to grow by 10 percent in 2009 despite the impact of the financial crisis and global economic downturn, a researcher with the country's Cabinet said. "Although dim world economic situation has led to weak overseas...
18 Sep 09 visit Multinational companies favor China most  »  People's Daily United Nations Conference on Trade and Development (UNCTAD) released World Investment Report 2009 on September 17, pointing out that under the current international economic and financial crisis, in the first half of 2009; global FDI is expected to fall...
25 Nov 08 visit World Bank cuts 2009 China growth forecast to 7.5% vs. 9.2  »  People's Daily The World Bank on Tuesday cut its 2009 forecast for China's economic growth to 7.5 percent, from 9.2 percent previously, in a report released in Beijing. With the financial crisis spreading globally, the impact on China is expected to intensify...
17 Jan 09 visit UNDP: China GDP to slow to 8.4 pct, but remains engine for global growth  »  People's Daily China's gross domestic product (GDP) is expected to drop to 8.4 percent this year from last year's 9.1 percent, but the country remains an engine for East Asia and even for global growth, according to a forecast report released by United Nations...

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