Sandra Fickweil
04-28-2009
10:30
As
Not only investments by U.S. companies in Japan, but also stronger Chinese exports lift up other Asian economies as their nation is in need of commodities and components for manufacturing. An economist with Barclays Capital in Hong Kong noted that
According to the head of emerging Asia research at Barclays Capital in
For example, Ford Motor Co., International Business Machines Corp. and Dell Inc. and others signed 32 contracts in
The following companies also linked deals at the forum hosted by the U.S. Chamber of Commerce and the China Chamber of Commerce for Import and Export of Machinery and Electronic Products: Cisco Systems Inc., Hewlett-Packard Co., Microsoft Corp., EMC Corp., Oracle Corp., Sun Microsystems Inc. and Amway Corp..
Event the IMF said last week that it gets better right now.
After this terrible global downturn, increase of unemployment, decrease of imports and exports, devaluation of currencies etc, finally there is a sign that it is getting better. Although it will take a long long time until everything is the same as before, however at least the decline slows down. After governments spent so much money, billions and billions of dollars to boost economy and try to get rid of the downturn, finally it seems that this boost starts to work out. Of course there will be no change from today until tomorrow, it takes its time, however we can drawing hope again.
http://www.bloomberg.com/apps/news?pid=20601080&sid=aZkXPy.tzh1U&refer=asia
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