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| Saturday, August 30, 2008 05:53:33 |
ADB forecasts 10% growth for China
Asia Development Bank lifted its 2007 forecast for China to 10% from 9.5% estimated six months ago, Bloomberg reported.Bloomberg said rising incomes in China, India and other Asian economies are boosting consumer spending and encouraging companies to lift investment. Reduced dependence on export-led growth will make the region's expansion ...
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