The emerging economies remain under-represented in various global economic regimes, but there could be some substantial changes in the coming two years in terms of their representation in organizations, according to a leading scholar from the Chinese Academy of Social Sciences.
Developing nations will probably feel mounting trade protectionism in 2010 due to continuing high levels of unemployment and the weak economic recovery in developed regions, said analysts.
Last year China became the world's biggest investor in clean energy, according to a report published by a US-based think tank.
China's challenge: Up domestic demandChina's GDP growth was 8.7 percent last year, mainly thanks to the government's massive stimulus package, which is heavily investment-orientated.
German chemicals firm has faith in fast-growing ChinaThe move is part of the company’s strategy to focus on what will be the largest and fastest growing market in the world, Klaus Engel, chairman of the executive board of Evonik Industries AG, told China Daily in a recent interview.
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