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China's growth to slow down: IMF
www.chinaview.cn 2005-04-14 15:54:34

    BEIJING, April 14 -- The International Monetary Fund has released its latest World Economic Outlook report.

    It predicts China's GDP growth rate at 8.5 percent this year, and calls for the Chinese government to retain control over its booming economy.

    Our reporter Xiaoyu talks with Professor Tang Min, Chief Economist of Asian Development Bank, on related topics in this report.

    Professor Tang, welcome to our program.

    The International Monetary Fund just released a report of World Economic Outlook, predicting China's GDP growth rate at 8.5 percent this year.

    After last year's soft landing, what's the key aspect for China's healthy development this year?

    According to the report, the major problem in China's fast growing economy is the quality of investment. Do you agree with this point of view? And how can it be improved?

    The report says international trade tensions have intensified since the textile quotas were eliminated and China gained a larger share.

    And countries including the US and some European countries are taking measures to limit China's textile imports. How should China deal with these protective measures?

    Back anchor: That was Professor Tang Min, Chief Economist of Asian Development Bank, talking about China's economic outlook.

    (Source: CRIENGLISH.com)

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