Growing ODI boosts regional cooperation
By Zhou Siyu | China Daily | Updated: 2011-04-14 07:57
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A security guard stands in front of a floral arrangement ahead of the BRICS Summit in Sanya, Hainan province. BRICS member nations accounted for 18 percent of global GDP in 2010, and trade volume between the countries has increased with an average growth rate of 28 percent in the past 10 years. Qilai Shen / Bloomberg |
BEIJING - China's growing overseas investments to other emerging markets will further boost regional cooperation, which may help stimulate the world's economic recovery, economists said on Monday.
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