Sep 9, 2007

RetailPWC-From Sao Paulo to Shanghai


This year’s study highlights a major contrast in GDP growth across the six countries covered. GDP appears to be set to accelerate in three out of the six countries: China, Brazil and Poland, over the period 2006 to 2008. China’s economy was expected to cool down somewhat, but the continued growth that was achieved in the first half of 2006 points to sustained high growth
in the months to come. Indeed, for the second time since April, Chinese authorities pushed up interest rates in August in the hope of slowing down investment. Brazil’s GDP started picking up in 2004 after several years of erratic growth and it now looks as if it should be sustained at about 3.5% over the next three years.

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