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The following article was published in our article directory on November 23, 2010.
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Chinese and European Entrepreneurs are Optimistic About World Economy

Article Category: Business

Author Name: xia zihui

22 held in Luxembourg in the sixth Global China Business Meeting, the participating entrepreneurs in China and Europe in general on the world economic outlook is cautiously optimistic view, and China continues to lead the global economic recovery with confidence.

The world economy onto a recovery track, although not yet completely out of the shadow of the financial and economic crisis, asserted that the worldwide financial crisis is over too soon, some of the risk has not been released.

Overall, economic trends in different countries, we can not come to the world economy has rebounded strongly in the conclusion, in this complicated economic situation in China, India, Brazil, represented by the performance of emerging economies, more active, is gradually out of the crisis, while the United States and other developed countries is not satisfactory economic performance, such as the United States remains plagued by high unemployment, economic growth forecasts have been lowered.

The euro area is now troubled by the sovereign debt crisis, following the Greeks, the Irish have recently formally requested the European Union and the International Monetary Fund assistance, which contributed to concerns about the economic outlook for the euro zone. However, the overall performance of euro-zone countries is relatively optimistic.

This is mainly due to Germany and other key members of the euro area economy is relatively good, but the imbalances within the euro area are quite prominent, especially in Ireland, Greece and other small countries by the debt crisis as compared against the situation worse.

Although the Chinese economy in the financial and economic crisis has also suffered a serious blow, but the current good momentum of a full recovery is expected that China and India and other emerging economies will continue to lead world economic recovery.

China to promote economic recovery, to focus on expanding domestic demand, and have achieved noticeable results, domestic demand growth this year, more than 18%, the contribution of consumption to economic growth increasing, indicating that the crisis, China's economic growth structure has been optimized.

Spanish La Mejia Juan Maria Nin, CEO Bank that the current global economic recovery is still fragile, global imbalances remains a serious problem, Europe is still plagued by the sovereign debt crisis, the Chinese government adheres to buy euros zone countries to the European practice of debt much support.

GOSPELL CEO Boris test Lardy also believes that Europe is still not free from the risk of the debt crisis, the problem may be in one place at any time there, and China will continue to play in the global economy leader.

Sixth Global China Business Meeting by the China Industrial Economic Federation, Group and Luxembourg Business Association co-sponsored. More than 400 business leaders around the theme of globalization, Chinese enterprises launched a one-day discussion.

Keywords: rotary drilling rigs, Top Head Drive Drilling System Manufacturer,

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