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China Is Slowing But Still Offers Strongest Growth Prospects

2:49 PM MDT | March 26, 2012 | Deepti Ramesh, Alex Scott, and Robert Westervelt

Chemical demand growth in China has fallen below the double-digit percentage pace it has sustained over the last few years, but producers and analysts are confident that a feared “hard landing” can be avoided. China still offers the industry’s best growth prospects, they say. Year-over-year chemical production growth fell below 10% in September 2011 for the first time in two years, and it has continued to moderate through early 2012.


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Comments (1) for China Is Slowing But Still Offers Strongest Growth Prospects
The economic slow down has shown its efffects in many aspects in China. the new loan in first two month was obviously lowever than the level in the same period last year. The economic enviroment shows dynamic as well as the stock market and people confidence. The inflation rate seems be controled while the gasoline price are continue climbing in domestic market. However, it is just at the begining of this year, and hard to tell the future trends now. It is expected that some futher steps may be taken by Centrol Bank to suppot the steady economic growth.
Posted by Anna on Sunday, April 1, 2012 @ 12:16 AM

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