World Bank expects China's soft landing

Source: Bloomberg
© Scanpix/AP
World Bank claimed that Chinese economy is striving towards soft landing with 8% growth in 2012. What is more, also other Asian countries have enough fiscal capacity to protect their economies from intensification of Euro region's debt crisis. According to World Bank, Hong Kong, Japan, South Korea, India and Taiwan is likely to experience a slight slowdown in growth from 8.2% in 2011 to 7.8% next year.

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Tue, 22 Nov 2011 09:19:22 GMT

Tokyo Stock Exchange Group to merge with Osaka

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