Tuesday 2 December 2008

Chinese Recovery in H2 2009?

RGE Monitor analysts state

In H1 2009, with the G7 in recession, manufacturing outlook could be even weaker but government measures including those to support the property market could lead to expansion mid-way through 2009. Industrial production is already growing at the slowest pace in 7 years and electricity demand contracted in October

It coincides with statements from other analysts about first positive signs in the economy worldwide.

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