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China May Be First Major Economy to Recover

Archived in the category: Forex International News
Posted by admin on 03 Mar 09 - Comments Off

As China’s $585 billion stimulus package begins to take effect, the third-biggest economy is showing some signs of recovery. According to recent estimates, China’s economy could expand 6.6% in the second quarter after slowing to 6.3% in the three months to March 31, reports Bloomberg. Like most other major economies, China has been battling high [...]