国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Economy

Markets

Industries

Insights

Reports

Events

ADB president: China's economy may have bottomed out

(Xinhua)
Updated: 2009-05-05 20:21

The Chinese economy may have already bottomed out, and been on the recovery phase, said Haruhiko Kuroda, President of Asian Development Bank Tuesday.

Kuroda made the judgment at the press conference on the last day of the ADB's Annual Meeting, on the basis of his observations "in this meeting as well as from various statistics already released".

Related readings:  China urges ADB to increase rescue aid to developing members  ADB for China trade fund  ADB pegs China GDP growth at 7%  China growth vital to world recovery: ADB ADB offers $400m for quake rebuilding

"China's economy is on recovery course and it could recovery much earlier than other economies, but of course, at the same time, we have to be very cautious," Kuroda told reporters.

Kuroda added that the South Korean economy had showed signs of recovery, and Japan's industrial production showed some signs of bottoming out.

"On the whole, I'm cautiously optimistic that Asia will recover by the end of next year," the President said.

ADB forecasts the growth rate for the Asian countries in 2009 is 3.4 percent and they will show a mild recovery in 2010 with a growth rate of more than 6 percent.