ôTwo years ago, our global outlook for 2006 was as positive as we could ever recall. We said the same last year, and we say the same today,ö he continues.
With a global growth forecast close to 5% this year, Europe and the rest of the world are offsetting any slow-down in US economic performance. For the first time, China is due to displace the US, with an estimated $700 billion contribution to the global economy next year.
China's trade surplus û which Condon...
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