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Global economy to slow in 2007: Asia emerges as driving force.(international)
Many corporations are impacted in some way by the ebb and flow of the global economy. That is why most companies, especially those engaged in global trade, try to anticipate the condition of the global economy when planning financial strategies and forecasting revenues for the upcoming year. The general consensus among economic analysts contacted by Business Credit magazine is that 2007 is likely to see slower growth for global and U.S. economies. The U.S. slowdown is expected to be a drag on the global economy. What is noteworthy is countries with fast-growing economies, such as China and India, are expected to take up some of the slack caused by a U.S. slowdown. China, ...
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- News wire article from: AsiaPulse News June 21, 2006 700+ words
...June 21 Asia Pulse - Australia's housing market is slowing but while the east to west...outlook released Tuesday said the global housing market was variable but resilient, despite...move in cycles. "The outlook for the global economy, and in particular the world's largest...
Source: HighBeam Research, Global economy to slow in 2007: Asia emerges as driving...