Chinese tiger roars despite global slump
13/08/2002
In contrast to the sluggish global economic outlook, Chinese exports grew a considerable 28.1 % year on year for July.
With China’s accession to the World Trade Organisation last year, and the subsequent inflow of multinationals into the country, direct foreign investment grew to $29.5 billion in the first seven months- up 22 % from the corresponding period last year.
Share this story:
