Taiwan to expand by 4.3% next year

Source: Marketwatch

Taiwan's economy is likely to grow by 4.3% next year, according to Shih Yen-Shiang, country's economic minister. The country also predicts NT$1.1 trillion of private investment and expects growth in exports between 8% and 10% next year, he added.

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Fri, 23 Dec 2011 12:51:57 GMT

China to stick to tough property policies

Experts claim that even despite slowdown in China's economy the government is likely to continue strict control over the real estate market. There is a pressure on the government to ease the policy, especially from the side of property developers and regional governments; however, officials believe policy loosing will lead to deteriorated credibility of the government.

Fri, 23 Dec 2011 12:30:15 GMT

Italy's consumer confidence decreases

Consumer confidence in Italy decreased this month on the worries about possible recession in the country next year. The indicator declined to 91.6 this month from 96.1 last month, reported Isat. Italian government expects the economic growth to decrease by 0.4% next year.

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