G7 officials: global economy recovery enjoys favorable condition

G7 officials said in a joint statement that despite the global economic growth lower than expectation, the global recovery will resume strong growth under effective economic policies and stable condition. Despite the rapid slowdown in US economy, said they, the long-term development remained positive. Especially, the interest rate cut campaign and the tax abatement are expected to put a premium on the economic growth. G7 officials also claimed that despite the weakening economy in the euro region, the outlook remained clear.

Related stock : (NIL)