WTO forecasts trade growth slowdown in 2007

Publication date: 
Friday, April 13, 2007
Publication: 
www.chinaview.cn
Author(s): 
Feng Tao
GENEVA, April 12 (Xinhua) -- World trade is expected to grow slower in 2007 given the prospect of weaker economic expansion in the coming year, the World Trade Organization (WTO) said on Thursday.The global trade growth could slow down to 6 percent from 8 percent last year as world economic growth is expected to slip to 3 percent from last year's 3.7 percent, the WTO said in a report on trade in 2006 and prospects for 2007.

Comments

Yeah..

I can totally see this being true. But I hope not, I hope the world trade slowly rises, instead of staying so low. - Tyra, Free Credit Report (Financial Rep/Consultant)
Economic Regulation