NASDAQ Careers: Find a Job Now
Web NASDAQ.com
Search

Most Popular Stories





Latest News Q&A

NASDAQ Answers allows you to pose questions to our community of investors. Can you answer this one?

China Government Economist: Should Rely On Domestic Demand Xinhua



BEIJING -(Dow Jones)- China should rely on domestic demand instead of the global economy to drive its economic growth, the official Xinhua News Agency quoted Yao Jingyuan, chief economist of the National Bureau of Statistics, as saying over the weekend.

The global economy is recovering but still needs more time, Xinhua quoted Yao as saying on a visit to the export-dependent southern province of Guangzhou.

Although the decline in global demand for Chinese goods has been decelerating over the last three quarters, external demand remains weak, he said according to Xinhua.

-By Aaron Back, Dow Jones Newswires; (8610) 6588-5848; aaron.back@dowjones.com


  (END) Dow Jones Newswires
  11-08-090411ET
  Copyright (c) 2009 Dow Jones & Company, Inc.

The Wall Street Journal
Click here for a free trial