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25 September 2020 The on-line newspaper devoted to the world of transports 15:48 GMT+2

December 14, 2001

Minister predicts grave situation next year
Maintaining 7pc expansion in slowdown seen as best-case scenario in first 12 months of WTO membership

REUTERS in Beijing

China will face an "extremely grave" economic situation next year and hopes simply to maintain 7 per cent growth in its first full year of membership of the World Trade Organisation.

"As China enters the WTO, the major world economies - the United States, Europe and Japan - are ......
Read more on South China Morning Post

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