My comment: It only describes the optimistic forecast. According to
serious predictions, contraction (negative GDP growth) in the
developed world (Europe, USA and Japan) range from -0.5% to -6.5%.
Growth for China will range probably between 6% and 8.5%.

Probably, the facts at the end of the year will be either close to the
optimistic scenario or to the pessimistic scenario. Do not think that
it will be in the middle. Facts will depend on how economies will
react to the measures that governments took and are taking to counter
this crisis.

Peace and best wishes.

Xi

CCTV
http://www.youtube.com/watch?v=vVxh-WqEngQ

Full report.
www.unctad.org/en/docs/wesp2009pr_en.pdf
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