"As the credit crisis unfolded over the past year, one of the few certainties in the global economy seemed to be China's ability to plough on regardless of double- digit growth rates...The ...crisis has also focused ...on the need to update a growth model that...is still dependent on assembling goods for export without adding much value and on heavy industries that create pollution. Chinese companies have continued to find new foreign markets for their products...several other factors point to a slowing property market...production of steel, cement and air conditioners was down... Retail sales have risen by 23 per cent i each of the last two months".
Beijing's Burden, FT.com, by Geoff Dyer, Sept. 23,
-According to the article, can be expected to this year.
A) consumption; decrease
B) net interest income; decrease
C) imports; decrease
D) exports; increase
Correct Answer:
Verified
Q260: Q261: "As the credit crisis unfolded over the Q262: Which of the following would lead GDP Q263: The following data describe Mexico's economy in Q264: The use of purchasing power parity prices Q266: "As the credit crisis unfolded over the Q267: "As the credit crisis unfolded over the Q268: Which of the following is NOT a Q269: Purchasing power parity prices are used to Q270: What we produce during our working time![]()
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