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Korea, China and Russia will drive the recovery of the world ecnonomy

Written: 2002-10-14 00:00:00Updated: 0000-00-00 00:00:00

Asian Wall Street Journal has said....South Korea, Russia and China will be a drivinig force in the recovery of the world economy in deep depression. The journal said...the United States is hardly expected to work as an engine in the global economic pick-up because of a couple of negative factors such as a possible war against Iraq and more terrorist attacks. The paper also said...the European Union can also hardly take a lead in the world economy since Germany, Britain and France are still tacking with low growth. According to the paper, South Korea, China and Russia are enjoying a high growth rate despite difficult outer circumstances.

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