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Posts Tagged ‘Mandelson’

PRC, Middle East may fuel rebound of economy in US

Posted by smeddum on September 28, 2008

PRC, Middle East may fuel rebound of economy in US

SHIELDED: These regions will likely be affected by sluggish US consumption, but by comparison will see robust growth, WEF participants in Tianjin said
By Elizabeth Tchii
STAFF REPORTER
Monday, Sep 29, 2008, Page 12
“Globalization is changing the ball game [by] exposing the need to build up governance. It’s risk we’ve got to manage better.”

— Peter Mandelson, EU commissioner for trade

The US will most likely recover from its financial crisis sometime next year or in 2010, but participants at a World Economic Forum (WEF) panel discussion in Tianjin, China, said a full rebound would take years, with emerging markets such as China and the Middle East leading the way. Read the rest of this entry »

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