Investors Pin Hopes on Growth in Asia

摘要

All eyes are on the East. With most of the world mired in recession, many investors are looking longingly toward Asia, the only region that the International Monetary Fund says will continue to grow economically in 2009, "led by China and India."rnChina will likely see real GDP growth of 6.5 percent, and India's economy will expand by 4.5 percent, the IMF predicts. Although those figures are down sharply in comparison with the countries' recent booms - China enjoyed real GDP growth in excess of 10 percent per year from 2004 through 2007 before slowing to 9.1 percent last year, while growth in India topped 8 percent in 2006 andrn2007 before slipping to 7.3 percent inrn2008- they stand in stark contrast to the 1.3 percent worldwide contraction the IMF expects this year.