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

Source: Internet
Author: User
Keywords BEIJING China China
Tags accounting developing developing country economic economic recovery economy financial financial crisis
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 response to the global financial crisis, the economic recovery of China and the United States is the basis of the global economic recovery." It can be said that without the economic recovery of the United States and China, there will be no recovery of the global economy. China and the United States share common interests in the early recovery of the global economy.  "said Lin. In response to the recent frequent trade frictions between China and the US, Lin said, "First of all, these trade frictions are very small, and second, they are within the framework allowed by the WTO." ”
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