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mark_in_saigon
Joined: 20 Sep 2009
Posts: 837
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 Posted: Wed Oct 02, 2013 6:18 am Post subject: |
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BBC news story
http://www.bbc.co.uk/news/business-24361121
excerpts below:
Asian Development Bank (ADB) has cut its outlook for developing Asia, citing slower growth in China and India.
"Asia and the Pacific 2013 growth will come in below earlier projections due to more moderate activity in the region's two largest economies and effects of QE nervousness," said Changyong Rhee, chief economist of the ADB.
The bank also revised down the growth forecast for the region for 2014 to 6.2%, from its earlier projection of 6.7%.
Call for reforms
China, Asia's largest economy, has seen its growth hit by a decline in demand for exports from key markets such as the US and Europe.
Its growth rate has slowed for two quarters in a row.
In its latest report, the bank also warned that growth in South East Asia will be hampered by weak performances in Thailand, Indonesia and Malaysia, due to weak exports from these economies. |
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TRH
Joined: 27 Oct 2011
Posts: 340
Location: Hawaii
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| Posted: Thu Oct 03, 2013 11:12 am Post subject: |
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| vabeckele wrote: |
| Why does Vietnam hate China so much??? |
Don't discount about 1400 years of Chinese domination. For much of this country's history it had been ruled by China or by rulers whose rise was based on expelling the Chinese. This is particularly so in the north. Hai Ba Trung and Le Loi have streets named after them in seemingly every town. Dynasties began and were defined by their periodic expulsions.
By comparison, the French were here for only about 60 years and the American presence barely registers historically. |
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vabeckele
Joined: 19 Nov 2010
Posts: 439
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| Posted: Thu Oct 03, 2013 12:16 pm Post subject: |
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| TRH wrote: |
| vabeckele wrote: |
| Why does Vietnam hate China so much??? |
Don't discount about 1400 years of Chinese domination. For much of this country's history it had been ruled by China or by rulers whose rise was based on expelling the Chinese. This is particularly so in the north. Hai Ba Trung and Le Loi have streets named after them in seemingly every town. Dynasties began and were defined by their periodic expulsions.
By comparison, the French were here for only about 60 years and the American presence barely registers historically. |
Okay, okay, you win. A thousand years of Chinese influence probably has a lot more to do with it.  |
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Oh My God
Joined: 31 Jan 2010
Posts: 273
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