(China) – Strong consumer spending and acceptance into the World Trade Organisation (WTO), is driving China’s economy at 7 percent in 2002 and 7.3 percent in 2003 according to the Asian Development Bank (ADB).Assuming a recovery in global economies the ADB sees much of this GDP growth being fuelled by exports which are projected to grow 6 percent and 10 percent in 2002 and 2003, with China’s industrial and services sectors growing by 7-9 percent and agriculture by 2-3 percent over the next two years.
Middle Kingdom running at 7 percent
Connect
with East
At East & Partners we work together as one firm to serve our clients wherever they need us.
Our collective knowledge and experience across global markets helps us guide clients on the intricacies of each region while enabling cohesion across their global footprint. Apples with apples and pears with pears in complex and demanding financial services markets
globally.