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Economic growth of Island trading partners slows

Fri, 11 Oct 2013


A new report suggests the economies of three major trading partners of the Island aren't growing as expected.

The International Monetary Fund says China – a powerhouse for global growth for the past five years – has gone down to an expected 5 per cent growth from 7 per cent in July.

India and Russia are also listed.

Government says it wants to make existing trade links a priority but will continue to look at emerging economies.

Economic Development's Steven Beevers is head of special projects -he says this drop doesn't signify much:

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  • Steven Beevers

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