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| Topic: |
Business
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| Number of pages / Number of words: |
12 / 3105 |
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2 In the first half of 2007, the People's Republic of China's (PRC) economy grew by 11.5%. In the year to March 2007, GDP growth was 5.6% in the four middle-?income countries of the Association of Southeast Asian Nations (ASEAN-?4), above 2006 levels. However, the four newly industrialized economies (NIEs)?Hong Kong, China; Republic of Korea (Korea); Singapore; and Taipei,China?moderated in Q1, with GDP growth slowing to 4...
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However, the four newly industrialized economies (NIEs)?Hong Kong, China; Republic of Korea (Korea); Singapore; and Taipei,China?moderated in Q1, with GDP growth slowing to 4.5%, from 5.4% in 2006.Excluding the PRC, domestic demand in the region weakened slightly but remained solid in Q1 due to somewhat slower investment, while private consumption was stronger than in 2006, growing by 4...
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