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The following article was published in our article directory on February 10, 2011.
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The Growth Structure Of Chinese Economic Must Diversify

Article Category: Business

Author Name: xia zihui

The international monetary fund (IMF) asia-pacific competent Arnold prachanda singh says China urgently need to establish more diversified economic growth structure, in response to international trade imbalances, and the global economy weak recovery challenge.

According to xinhua news agency, he thinks, China had to prevent further imbalance, at the same time payments as quickly as possible economic structure diversification of growth. "In order to achieve this goal, China also needs to further expand domestic demand, especially adjusting domestic consumption and export their gross domestic product (GDP) ratio."

He stressed that for Asian emerging market countries speaking, asset bubble and inflationary pressures are two larger risk. And those risks forced Asian emerging market countries, including adjusting policies to use more monetary policy should present economic change, the use of fiscal policy focus on more long-term economic planning.

Singh thinks, Asian emerging market countries economic prosperity reason lies mainly in the cheap cost of capital, business expansion and consumer confidence. "Although the next two years, Asian emerging market countries will continue to lead the global economic recovery, but to cope with increasingly complex economic situation, they do this timely adjustment of fiscal and monetary policy.

According to the IMF forecast, Asian countries, China 2011 GDP will grow 9.6% growth, the 2012 9.5%, India 2011 GDP growth was 8.4% 2012 as 8%.

As for the next two, singh forecast, Asian GDP growth was 6.8% from western developed economies, 2.5%. Among them, the American housing market will continue to keep European economic downturn, and is in the sovereignty of crisis and low rate fluctuations between stalemate.

The international monetary fund (IMF) asia-pacific competent Arnold prachanda singh says China urgently need to establish more diversified economic growth structure, in response to international trade imbalances, and the global economy weak recovery challenge.

According to xinhua news agency, he thinks, China had to prevent further imbalance, at the same time payments as quickly as possible economic structure diversification of growth. "In order to achieve this goal, China also needs to further expand domestic demand, especially adjusting domestic consumption and export their gross domestic product (GDP) ratio."

He stressed that for Asian emerging market countries speaking, asset bubble and inflationary pressures are two larger risk. And those risks forced Asian emerging market countries, including adjusting policies to use more monetary policy should present economic change, the use of fiscal policy focus on more long-term economic planning.

Singh thinks, Asian emerging market countries economic prosperity reason lies mainly in the cheap cost of capital, business expansion and consumer confidence. "Although the next two years, Asian emerging market countries will continue to lead the global economic recovery, but to cope with increasingly complex economic situation, they do this timely adjustment of fiscal and monetary policy.

According to the IMF forecast, Asian countries, China 2011 GDP will grow 9.6% growth, the 2012 9.5%, India 2011 GDP growth was 8.4% 2012 as 8%.

As for the next two, singh forecast, Asian GDP growth was 6.8% from western developed economies, 2.5%. Among them, the American housing market will continue to keep European economic downturn, and is in the sovereignty of crisis and low rate fluctuations between stalemate.

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