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View Full Version : World Bank Cuts China 2012 Growth Outlook on Exports - Bloomberg



NewsWhore
04-12-2012, 01:10 AM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFIagvoATPt4r_Is3QHRqIXZ2bAOw&url=http://www.bloomberg.com/news/2012-04-12/world-bank-cuts-china-2012-growth-outlook-on-exports.html)


World Bank Cuts China 2012 Growth Outlook on Exports (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFIagvoATPt4r_Is3QHRqIXZ2bAOw&url=http://www.bloomberg.com/news/2012-04-12/world-bank-cuts-china-2012-growth-outlook-on-exports.html)
Bloomberg
The shrinking trade surplus will result in a slower accumulation of foreign-exchange reserves and the Chinese currency will appreciate at a slower pace as long as the weak external environment weighs on export volumes and prices, the World Bank said.

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