New Kerala logo New Kerala 1 month ago

India, China leading Asia out of global downturn

Measured from peak to trough, real GDP has fallen by nearly 4 percent in the United States, but it fell by more than 8 percent in Japan and by about 7 percent in emerging Asia, excluding China, India and Indonesia, the First Deputy Managing Director of... Full Article at New Kerala

Related Topics:

  1. International Monetary Fund
  2. John Lee (politician)
  3. Federal Reserve Bank of San Francisco

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Related Quotes

  1. Strikingly, the three fastest growing economies in the G-20 are all from Asia - China, India and Indonesia - with China projected to grow 8.5 percent, India 5.5 percent and Indonesia 4 percent this year
    – John Lipsky SOURCE: New Kerala 1 month ago
  2. There's still concern about the potential drag of the U.S., inflation and the weaker dollar ... And there are signs governments may pull some of the liquidity. And that won't be so great news for equities
    SOURCE: KansasCity.com 1 month ago
  3. After a good earnings season for the banks so far this served to remind investors that we shouldn't be reaching for the Champagne bottles just yet as there are still lingering problems in our financial system
    SOURCE: KansasCity.com 1 month ago
  4. We may see even more regional deals like this during the next month before the U.N. climate talks start
    SOURCE: Philadelphia Inquirer 1 month ago
View all Related Quotes »
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  1. A woman labourer works as her child sleeps at a roadside construction site in New Delhi December 2, 2009. Asia's third-largest economy grew 7.9 percent in the past quarter from a year earlier, far above forecasts of 6.3 percent and the fastest in any quarter since June 2008.
  2. TOKYO - NOVEMBER 27: Chinese Defence Minister Liang Guanglie (R) reviews a guard of honor with Japanese Defense Minister Toshimi Kitazawa (L) at Defense Ministry on November 27, 2009 in Tokyo, Japan. Liang is in Japan until December 1 to discuess issues on North East Asia.
  3. GOLD COAST, AUSTRALIA - NOVEMBER 26: Sion Sono (L) and Yoshiharu Ashino arrive at the Asia Pacific Screen Awards 2009 at the Gold Coast Convention and Exhibition Centre on November 26, 2009 in Gold Coast, Australia.
  4. A homeless family sleep on a street while a vehicle passes by in Mumbai December 3, 2009. India, the world's fourth biggest emitter, is a key country in global negotiations for a pact to fight climate change.

Cast of Characters

  1. International Monetary Fund International Monetary Fund
  2. Hewitt Associates Inc
  3. John Lee (politician)
  4. Caterpillar Inc. Caterpillar Inc.
  5. Federal Reserve Bank of San Francisco
  6. Wen Jiabao Wen Jiabao