iStockanalyst, 10 May 2009, Info-Prod Research (Middle East)
According to FDI: One senior official from the International Monetary Fund (IMF) yesterday stated that prior to the middle of 2010, Asian economic body can't go through continuous recovery and can't rely on China to have the whole are liberated from the current economic slump, either. IMF estimated that the economy of the area this year will increase by 1.3%, lower than 5.1% of 2008 while in 2010, the growth of 4.3% will be realized. This year, China will be the most outstanding country in the whole area, with economic growth reaching 6.5% while the performance of Singapore will be poor, with its economy shrinking by 10%.
Read More
