Economic Recovery

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UK economic recovery relies on China, Ernst says

London, January 18 (Xinhua) The economic recovery will be more dependent on Asian emerging economies such as China for the next 10 years, the institute said 18th.  The UK economy faces a "challenging" 2010 years, despite the expected exit from the recession in the fourth quarter of 2009, the Ernst and Independent Financial Model Association reported. "The UK economy has gone through a 10-year debt situation and has stepped into a 10-year painful adjustment process," the report says. "After years of dependence on domestic demand and borrowing, the UK ...

UN Expert: China makes important contribution to world economic recovery

Xinhua United Nations December 21 interview: China to the World economic recovery made an important contribution-visit the United Nations economic experts Hong ordinary Xinhua News agency Zhenqiu, Jiang Baijie, Director of the United Nations global Economic Monitoring Hong Pingfan This 21st in an interview with Xinhua news agency reporter said,  China's economy in 2009 withstood the impact of the international financial crisis and made important contributions to the gradual recovery of the world economy. "2009 will be a very special year in the Annals of the world economy, and the performance of the Chinese economy in this year will be a prominent chapter," Hongping ...

China-US economic recovery is the foundation of global economic recovery

Xinhua Beijing, November 11 (reporter Sun Xiaosheng, Li Jiangtao, Li Zhihui) is in Beijing to participate in the "2009 Nobel Prize winners Beijing Forum," the World Bank senior vice president and chief economist Justin Lin said 11th, in response to the global financial crisis, the economic recovery of the two countries is the basis of the global economic recovery. For the global economy, both China and the United States are important, Lin said.  The United States is the world's largest economy, with gross domestic product accounting for One-third of the world's economy, and China is the fastest growing and most dynamic developing country in the world. "In dealing with this ...

Boosting economic recovery and seizing the commanding point of new energy

As president of the financial crisis, Obama chose to develop new energy as a "crisis" as the "machine", the main policy means to revitalize the U.S. economy.  The short-term goal of its energy policy is to boost employment and stimulate economic recovery; The long-term goal is to get rid of U.S. dependence on foreign oil, occupy the commanding heights in the new energy sector, and continue to make the United States the world's economic "leader." Policy Points February 15, 2009, the U.S. Recovery and Reinvestment Act, which amounted to $787 billion trillion, was signed by U.S. President Barack Obama, with new energy as one of the main areas of focus, including development ...

Global deficit tide debt 36 trillion economic recovery overshadowed

Germany's deficit clock in Berlin a financial tsunami has led to "debt-laden" countries around the world. Since entering the 2010, the global deficit phenomenon is becoming more and more prominent.  With the February 1 Obama budget report of 2011 fiscal year--2010 The government deficit of a record $1.56 trillion trillion, the world began to worry about the global "deficit tide" of the intangible constraints on economic recovery. In an article published last September, the Economist warned that, despite the worst "financial turmoil" in the late 30, a serious government deficit would form another economic crisis. From the current perspective, following the Dubai crisis ...

Boosting economic recovery and seizing the commanding point of new energy

As president of the financial crisis, Obama chose to develop new energy as a "crisis" as the "machine", the main policy means to revitalize the U.S. economy.  The short-term goal of its energy policy is to boost employment and stimulate economic recovery; The long-term goal is to get rid of U.S. dependence on foreign oil, occupy the commanding heights in the new energy sector, and continue to make the United States the world's economic "leader." Policy Points February 15, 2009, the U.S. Recovery and Reinvestment Act, which amounted to $787 billion trillion, was signed by U.S. President Barack Obama, with new energy as one of the main areas of focus, including development ...

US Treasury Secretary Timothy Geithner: economic recovery or setbacks

The US economic recovery "may be a bit of a struggle" and will take some time, Timothy, the US Treasury secretary, said in a televised talk show scheduled for 1st. In an interview with NBC's talk to the press, Mr Geithner said the recent economic encouraging news "shows that once you move forcefully, you can stabilize such a crisis", but the recovery will be different from the past, because Americans need to pay more. The crisis caused a lot of damage.  It will take us some time to get out of the crisis. Mr Geithner believes the economy is the way to increase employment and boost investor confidence ...

Mr Tsang says Hong Kong's economic recovery is dawning but unemployment is still high

BEIJING, July 6 (Xinhua) Hong Kong's Financial Secretary, Mr John Tsang, said Hong Kong had seen the dawn of economic recovery and was expecting a narrow decline in the second quarter, but the high unemployment rate would continue.  Speaking at a meeting of the Special Committee on Financial Affairs of the Legislative Council 6th, Mr Tsang said that the dawning of the economic recovery, the gradual stabilization of global finance in recent months, the improvement in the economic climate in the United States and Europe and the introduction of measures by the central government were in place. Mr Tsang pointed out that the forthcoming quarterly economic data would be narrowed down from the first quarter and that there would be a significant rebound in the quarter. But he also ...

Geithner returns to north China-U.S. cooperation to promote economic recovery

BEIJING, June 1: Geithner returned to the University of China and the United States to promote economic recovery, U.S. Treasury Secretary Timothy Geithner, a day to the "alma mater" Beijing University, in Chinese and English to the teachers of the year to express their gratitude, and called for greater cooperation between the two countries to promote the world economy and growth. "The first time I came to China and Peking University was in the summer of 1981, when I was a college student who studied Mandarin." I am here with some graduate students and undergraduates from the United States. "In that year, Geithner came to Peking University through the American Association for International Education Exchange ...

Hong Kong's confidence as Asia's most optimistic economic recovery in the end

Xinhua Beijing, July 10, according to Hong Kong, "Wen Wei Po" reported that the financial tsunami has so far 10 months, the impact gradually eased, the confidence of enterprises around the gradual response.  Hudson's survey found that 28% of Hong Kong companies surveyed expect the Asian economy to recover by the end of this year, a much higher figure than other Asian companies surveyed.  The survey also found that Hong Kong's consumer goods industry was most optimistic about the Asian economic recovery, with up to 44% per cent expected to recover by the end of the year. The survey noted that 28% per cent of Hong Kong enterprises surveyed expected the Asian economy to recover before the end of this year, with another 21% and 23 respectively.

Cloud-driven server market picks up

Taiwan media said as a result of the global economic recovery coupled with the rapid development of cloud computing, the enterprises to enhance the capacity of the server integration resources increased demand, coupled with the previous financial tsunami and suppressed by the demand for machine, many large enterprises are very optimistic about this year's machine and upgrade, a number of new servers ready to occupy market. Hewlett-Packard (HP) points out that companies froze spending on it as a result of the global financial tsunami, and as the 4th quarter of last year's economic recovery, the server market began to recover, HP launched the UNIX server in Taiwan ...

Economic weakness drags oil demand prospects

The price of light crude oil, delivered in August by the New York Mercantile Exchange, fell below $60 a barrel, with the international oil price falling by more than 10% per cent since July, as investors lacked confidence in the outlook for crude oil and recent weakness in international oil prices.   With global economic fundamentals still weak, oil prices are likely to continue to oscillate in the short term without a lot of positive macro data, and seek direction in the adjustment. Economic weakness has hit demand this year, signs of economic recovery have increased and investor confidence has soared, pushing oil prices to rebound. But the recent economic data bearish ...

Boiled frog in warm water, the market will slowly peak!

Small Li Fei knife from the start of the current round of 1664, the market is expected to be the recovery of the economy, and the current economic recovery is expected to be realized, but the recovery of the stock market is almost completed! We all know that the trend of the stock market is always ahead of the market trend towards about half a year. Since last November, and now, it is just about half a year. So if the current stock market turns downward, it is likely to herald a two dip in the economy, but it will repeat the trend toward market-leading trends ...

Shijin: Steady increase in the stability and sustainability of economic recovery

November 5, 2009, "The first anniversary of the implementation of the crisis package Plan" summit held in Beijing, Xinhua to live. The picture is Shijin, deputy director of the Development Research Center of the State Council. Xinhua Chen Xinhua News: Sponsored by the Economic reference newspaper, "the sustainable development of the post-crisis era--the first anniversary of the implementation of the crisis package" forum, 5th, the forum around the opening of the Conference on Macro-control and economic operation, expanding domestic demand, structural adjustment, promote reform and other topics discussed. At the forum, Shijin, Deputy director of the Development Research Center of the State Council, believes that ...

PMI September exceeds critical point China's economy continues strong recovery

The strong momentum of our economic recovery continued in November this year. According to information released yesterday by the National Bureau of Statistics, the national Manufacturing Purchasing Managers ' Index (PMI) was 55.2%, unchanged from last month.  The index has been at a critical point for nine consecutive months-more than 50% per cent, indicating a steady pick-up in the overall manufacturing economy. Manufacturing PMI is a comprehensive index consisting of 5 indices, such as new orders, production and inventories. The PMI index is above 50%, reflecting the overall expansion of the economy, below 50%, reflecting the recession. The 5 classification indices that make up the manufacturing PMI are two liters and three falls. Its ...

Optimists predict October credit will exceed 500 billion

Small and medium-sized bank lending accelerated October Credit scale will exceed 500 billion experts said that the increase in SME financing space to help economic recovery and alleviate employment problems recently said, "October four lines of credit increase of 136 billion yuan." At the same time, some market participants predicted that "October credit or only $300 billion".  Yesterday, reporters interviewed several industry experts, they generally expressed optimism that October credit will continue to the September speed, the scale will reach 400 billion yuan-500 billion yuan, or even more than 500 billion yuan. "Although October ...

Chinese concept stocks rose 10.31% in Thursday

Abstract: China concept stocks Thursday close data Beijing time, September 27, the early morning news, the U.S. stock market closed in Thursday, the S & P 500 index rebounded after 5. America's first jobless claims fell unexpectedly last week. The market is concerned that the federal budget impasse may hinder the Thursday close of the Chinese concept stocks in the early morning News of Beijing time September 27, the U.S. stock market closed in Thursday, the S & P 500 index rebounded after 5. America's first jobless claims fell unexpectedly last week. The market is concerned that the federal budget impasse could hamper the economic recovery. ...

Comments on US bailout policy exit

Wen/Wang Zili in the global economy, there have been some recent changes, the most basic change is "recovery" instead of "crisis", which is now the most popular words. Is the world economy reviving? My personal opinion is that at least in the second half of 2010 can see the clue.  At present, if we talk about economic recovery, such as China and other countries can talk about, and the global scope, the economy has not recovered, on the contrary, it faces great challenges. It is said that the global economy faces great challenges: first, in the face of the crisis in 2007, governments have Keynes "visible ...

The economy is in a key period of stabilization

The current overall situation is stable to a good economic recovery foundation is not strong enough to continue the implementation of active fiscal policy and moderately loose monetary policy to strengthen the research of reserve policy in less than half a month, the first half of 2009 will be over, the current China's economic situation should be judged, And whether the second half of the economic policy will change, is the focus of attention. In this respect, the State Council executive meeting held yesterday stressed that China's economic operation is in a key period of stable recovery, to unswervingly continue to implement a positive fiscal policy and moderately loose monetary policy ...

IMF President: Full support for China's balanced economic growth strategy

Beijing time November 17 Evening News, according to foreign media reports, IMF president Dominique Strauss-Kahn (Dominique director) said today that the IMF fully supports China's balanced economic growth model, the export of economic growth dependence on private consumption strategy.  Mr Strauss-Kahn said China needed to implement a series of policies to achieve a balanced economic growth target. "The reforms that China needs to make include allowing the renminbi to appreciate further," Mr. Strauss-Kahn said. He also called China's economic recovery "more and more certainty", and China's economic growth will be to promote "the rest of Asia ...

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