Tuesday, September 28, 2010

Asia's Economy To Grow 8.2% in 2010

According to the ADB China's economy will grow 8.2% in 2010 and 7.3% in 2011. "This is the fastest that the economy has grown in three years." There are 45 economies on the continent of Asia all of the economies are expected to grow a high percentage due to export and domestic demand in the next two years. In the article they almost compared and contrasted Asia's economy to everyone else's economy. But, also at the sametime they said that the continent of Asia's circumstances also weigh heavily on the continent's future.
In my opinion this article was making a major comparision of the economy of the continent of Asia as a whole to other places around the globe. The article had percentages of the amount of increase that their economy had been seeing. I think that their economy is growing so high mostly because of the major exporting that the continent is doing from all of 45 countries that it contains. I believe that if they didnt have a whole bunch of their goods going out to other countries that their continent as a whole would be in trouble.

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