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Urzula Cuda


Member since April 27, 2013


    UNITED NATIONS — “Asia Pacific economic economies will see subdued growth in 2013 after last year’s sharp slowdown caused by external factors,” is the prognosis from a recent UN survey. “Economic growth in the developing countries of Asia and the Pacific slowed to 5.5 percent in 2012 as a result of the double-dip recession in the Euro zone and the tepid recovery of the U.S. economy,” the report advises. The Economic and Social Survey of Asia and the Pacific/2013 outlines a cautious survey for the current year, “although growth is expected to inch up to 6 percent in 2013, this rate is still below the average of 7.8 percent achieved in 2010-2011 and the average of 8.6 percent observed during the pre-crisis period of 2002-2007.” The annual report is a product of the UN’s Bangkok-based Economic and Social Commission for Asia and the Pacific (ESCAP). China’s economy has lost its much of its luster. While Beijing’s official growth rate for 2012, stood at 7.8 percent, this year the GDP is expected to grow slightly to 8 percent. Importantly India whose growth dipped dangerously to 5 percent in 2012 should climb back to 6.4 percent this year. Export oriented economies have seen significant drops in demand especially from the USA. Much of the improvements rests on “improvement in global demand arising from steady, although sub-par, growth in the United States, and a limited rebound in ...


    NANJING, April 23 (Xinhua) -- Political figures from China and European countries agreed on Tuesday that China's economic transformation toward higher quality and efficiency in growth has created more opportunities for European development in the country. At the ongoing fourth China-Europe High-Level Political Parties Forum, which started Monday in Suzhou City, in east China's Jiangsu Province, European political figures hailed China's rapid economic development and sound investment environment that it has created for European entrepreneurs.

    "Although economic development in Germany is still very strong, some European states are facing challenges and difficulties, which have impacted the economy of Germany as well as China," Rudolf Scharping, former Defense Minister of Germany, told Xinhua.

    Scharping added that Germany, as well as the European Union (EU) as a whole, is optimistic about economic cooperation prospects between China and the EU, predicting the economy will restart in the second or third quarter in Europe.

    Premier Li Keqiang urged to yield "an updated version of China's economy" last month, saying the government should continue to develop the economy, maintain steady growth, curb inflation, control risks and push the economic transformation toward higher quality and efficiency in growth.

    "The opportunities that China has brought to Europe are m...

My Interests

  • Industrial Design
  • Environmental Design
  • Communication Design
  • Fashion Design
  • Audio/Visual Design