“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 1752 times.
Listing from 2014-07-19 to 2014-07-26
- Most read
- Most e-mailed
1US stocks rise as earnings, deals offset crises overseas
2US jury hits tobacco firm with US$23.6bn penalty
3AbbVie deal allows it to lower tax bill
4Commodities rattled over plane disaster, Gaza crisis
5Lawmaker warns of increased Chinese infiltration