{"id":9220,"date":"2011-04-16T23:03:28","date_gmt":"2011-04-16T23:03:28","guid":{"rendered":"http:\/\/151.106.38.4\/2011\/04\/16\/global-economy-may-slowdown-in-2012\/"},"modified":"2011-04-16T23:03:28","modified_gmt":"2011-04-16T23:03:28","slug":"global-economy-may-slowdown-in-2012","status":"publish","type":"post","link":"https:\/\/nagalandpost.net\/index.php\/2011\/04\/16\/global-economy-may-slowdown-in-2012\/","title":{"rendered":"Global economy may slowdown in 2012"},"content":{"rendered":"<p><img src=\/old_site\/TBTKZPHXDK.png><span style=\"font-weight: bold; text-decoration: underline;\">BOAO, CHINA, APR 16<\/span> :<br \/>\nThe global economy may slow down or even fall into recession again in 2012, Lou Jiwei, the head of China\u2019s $300 billion sovereign wealth fund said on Saturday. <br \/>\n\u201cWe are relatively optimistic about 2011, but for 2012, it is possible there will be a big drop in economic growth or even recession,\u201d Lou, chairman of China Investment Corp , said to the Boao Forum for Asia on the southern Chinese island of Hainan. <br \/>\nLou said major economies may change their current pro-growth policies in the fourth quarter of this year, hurting economic performance. In addition, oil supplies will likely be interrupted by the unrest in North Africa and the Middle East, he added. <br \/>\nLou said the economic situation in the United States would remain largely unchanged, while European countries would be dragged down by weak domestic demand. He also expected emerging markets to raise interest rates and allow their currencies to strengthen, causing a slowdown in economic growth in those countries. <br \/>\nCIC was set up in 2007 to invest a slice of China\u2019s massive foreign exchange reserves, which have ballooned to $3.05 trillion, in higher-returning assets. It earned 12 per cent on its global investments in 2009, reversing a loss of 2 percent in 2008.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BOAO, CHINA, APR 16 : The global economy may slow down or even fall into recession again in 2012, Lou Jiwei, the head of China\u2019s $300 billion sovereign wealth fund said on Saturday. \u201cWe are relatively optimistic about 2011, but for 2012, it is possible there will be a big drop in economic growth or [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-9220","post","type-post","status-publish","format-standard"],"_links":{"self":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/9220","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/comments?post=9220"}],"version-history":[{"count":0,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/9220\/revisions"}],"wp:attachment":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/media?parent=9220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/categories?post=9220"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/tags?post=9220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}