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China to lead world out of global economic gloom, says Schwab

By Zhu Qiwen and Ding Qingfen | China Daily | Updated: 2009-09-10 08:31

China to lead world out of global economic gloom, says Schwab

Klaus Schwab, founder and executive chairman of the World Economic Forum, says China is performing better than others and will come out of the economic crisis first. Xu Jingxing

The nation will emerge from the depths of the global downturn first and in better shape than any other country, according to Klaus Schwab, who made the observation while stressing the need for more global cooperation to combat the recession.

China to lead world out of global economic gloom, says Schwab

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