“QE1 did, but QE2 did not. Moreover, the bulk of capital flows into East Asia and the Pacific consists of foreign direct investments, which create jobs and growth in production capacity,” the World Bank said.
Thu, Dec 20, 2012 - Page 15 News List
World Bank raises forecast for China
PROSPECTS:Buoyed by fiscal stimulation and the implementation of investment projects, the World Bank expects China’s economy to grow by 8.4 percent next year
This story has been viewed 1628 times.
Listing from 2013-12-05 to 2013-12-12
- Most read
- Most e-mailed
1[ LETTERS ]
2Abe gets Toyota-Hitachi on board in raising wages
3Fighting China’s imperialist aims
4Cairo Declaration has limitations
5China withholds its visas for ‘NYT’ and Bloomberg reporters