Economic growth in East Asia to slow down to 7.3% in '07, W

时间：2007-04-09 01:44:50

（单词翻译:单击）

Chinanews, Beijing, Apr. 6 – In 2006, economic growth of East Asian new economies reached 8.1%, the highest in the past decade. In 2007, their economic growth might drop a little bit down to 7.3%, the World Bank (WB) said in Beijing on Thursday.

 

WB made the prediction in its East Asia Semi-Annual Report issued on Thursday. The report says that ten years after the 1997 East Asian Financial Crisis1, the region has become wealthier than before. It has fewer poor people and the region has played a larger role than ever before in the world.

 

In 2006, China led the economic growth in the region and contributed to over half of the GDP of all new East Asian economies. China's GDP growth reached a high point of 10.7% and for four consecutive2 years its GDP maintained a growth rate of more than 10%, mostly driven by large export and investment.

 

At the same time, economy in countries with a low income level, including Cambodia, Laos, Mongolia, and Vietnam, was also full of vigor3, and the economic growths in these countries also reached 8-10%.

 

However, since the second half of last year, economy tended to slow down in East Asia. In the fourth quarter, economic growth in East Asian countries dropped to 7.6%. In China, after the central government took tightened4 monetary5 policies, investment started to decrease. In other countries, such economic slowdown mainly resulted from decrease in export, especially export to the United States.

 

The sliding US economy and its decreasing export growth are also the negative forces dragging down the growth of East Asian new economies in 2007, the report predicts.

 
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1 crisis pzJxT     
n.危机，危急关头，决定性时刻，关键阶段
参考例句：
  • He had proved that he could be relied on in a crisis.他已表明，在紧要关头他是可以信赖的。
  • The topic today centers about the crisis in the Middle East.今天课题的中心是中东危机。
2 consecutive DpPz0     
adj.连续的，联贯的，始终一贯的
参考例句：
  • It has rained for four consecutive days.已连续下了四天雨。
  • The policy of our Party is consecutive.我党的政策始终如一。
3 vigor yLHz0     
n.活力，精力，元气
参考例句：
  • The choir sang the words out with great vigor.合唱团以极大的热情唱出了歌词。
  • She didn't want to be reminded of her beauty or her former vigor.现在，她不愿人们提起她昔日的美丽和以前的精力充沛。
4 tightened bd3d8363419d9ff838bae0ba51722ee9     
收紧( tighten的过去式和过去分词 )； （使）变紧； （使）绷紧； 加紧
参考例句：
  • The rope holding the boat suddenly tightened and broke. 系船的绳子突然绷断了。
  • His index finger tightened on the trigger but then relaxed again. 他的食指扣住扳机，然后又松开了。
5 monetary pEkxb     
adj.货币的，钱的；通货的；金融的；财政的
参考例句：
  • The monetary system of some countries used to be based on gold.过去有些国家的货币制度是金本位制的。
  • Education in the wilderness is not a matter of monetary means.荒凉地区的教育不是钱财问题。

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