whether Asian economies continue to play well in the world economic recovery

Recently, IMF (International Monetary Fund) released a new edition of the \, next year's projected growth rate was down 0.3 percentage point to 9.6%.

Asia Global Recovery

IMF why such a decision?

the IMF released in April this year, \In the past, the main role of the Asia-Pacific region is to accelerate the trend, not a direction. Due to strong underlying growth in emerging Asian countries and regions, the GDP growth over the past three decades,Chen Zoran, the developed economies.

the current crisis in Asia's contribution to the reason on the most prominent position, IMF said in a report three reasons: First, this is the first Asian to lead recovery in the past all in the global economic downturn Asia for the contribution of the global economic recovery is less than other areas. Second, the economic crisis in the past, the recovery in Asia generally is driven by exports, but this time, it is thanks to the flexibility of domestic demand. Third, net capital reflux in the past, Asia is extremely slow, while the net capital inflows jumped, which not only reflect higher levels of global liquidity, also shows that Asia's economic resilience and to have an improved economic framework .

then, when the U.S. economy remain tepid, the European economy is trying to get rid of the debt crisis as a time when the shadow caused by, whether Asian economies continue to play well in the world economic recovery, the \

IMF in its \First of all, compared to developed economies, the more optimistic growth trends and advanced economies, the widening interest rate differentials may attract more capital inflows. However, this can lead to overheating in some economies there, and vulnerable to strong credit and asset price cycles up and down after the sudden impact. Therefore, decision makers need to pay attention to asset bubbles, credit risk and the resulting loss of macroeconomic and financial system to ensure safety and prevent domestic assets and real estate market, the accumulation of imbalances. Secondly, as the Asian economic recovery than the first rest of the world largely due to the expansion needs of the region, then this demand can then be maintained and developed into an important source of economic growth is also a very important aspects. Very special point of this crisis is the developed economies after the recovery of domestic demand will not return to pre-crisis levels of growth, so the developed economies of Asia to the export of these will appear mitigation, and through the Asian country to export as an important engine of economic growth will face enormous challenges.

rebound after the Chinese economy

in the global economic crisis, China's economic growth bottomed out in early 2009. Benefit from the large-scale domestic policies to stimulate, GDP growth remained strong chain. The first quarter of 2010, GDP grew 11.9%, second quarter GDP rose 10.3% in the first half GDP up 11.1%. Meanwhile, second quarter economic leading indicators and industrial production data suggest that (year) growth has slowed, but still maintain a rapid growth. Recently, however, China's macroeconomic confused the market has entered a stage of: economic growth is expected to decline, inflation has not seen signs of decline.

macroeconomic level appears the most promising change is the role of consumption-led economic growth began to have sprung up everywhere. Quarterly Bulletin of the World Bank pointed out that although China's economic structural reform is still in critical stage, but in this round of economic rebound, the government emphasized the effectiveness of the structure has begun to appear. Economic growth, for example, it has become more widespread: by 2009 period, a serious decline in exports, while the large-scale government economic stimulus boosted domestic demand, especially in infrastructure investment. Meanwhile, household consumption and spur economic growth more and more obvious signs of the economy, \Recently, the rebound in exports as the world economy and rapid growth, the net trade down effect of economic growth weakened.

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