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Follow on Google News | “Cornerstone Worldwide” Remain Upbeat on China’s Growth Plans.“Cornerstone Worldwide” suggest that turmoil in the West has not impacted upon China’s growth plans.
By: Richard Drakec hvr*I�China to accelerate growth plans regardless of the turmoil gripping financial markets in the Western economies. Sources close to Cornerstone Worldwide said that policymakers have succeeded in lowering inflation in the country sufficiently to allow resumption of infrastructure plans following the successful staging of this year’s Olympic Games in Beijing. The Cornerstone Worldwide source also alluded to the fact that the nation’s demand for raw materials would increase steadily as various financial initiatives began to feed through. Although stock prices had fallen significantly over the last year, Cornerstone Worldwide believe that, over time, investment in stocks in key Chinese companies will realize significant gains for the longer-term investor. End
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