“Compared to the growth passed with two digits, there should be a correction from two to three points of percentage, but compared to the rest of the world, it is a rapid growth”, declared Mr. Lin, questioned Sunday in margin of a conference in China.
According to him, the “ordinance” that the Asian giant must use vis-a-vis the financial crisis is “to stimulate the inner demand”. The developing countries inevitably will suffer from the crisis which slows down the request coming from the United States and of Europe, it raised. “Exports will drop abruptly, they will face a lack of funds of investments”, considered the chief economist of the World Bank, quoted by the daily newspaper.
China had known a growth of its saving in 11,9% last year. Beijing announced the past week a deceleration of its growth, in rise of 9,0% with the third quarters, its low quarterly level in five years.
( Finance Information City )
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