03 December 2012 19:55 [Source: ICIS news]
NEW YORK (ICIS)--US-based Dow Chemical expects China GDP growth of 6-7% in 2013, its chief executive said on Monday.
“In the past few weeks we have seen an uptick in ?xml:namespace>
“We are not planning on any big bounce-back but are beginning to see better buying patterns emerge, and would expect 6-7% economic growth in China in 2013 – still less than in previous years,” he added.
The pick-up in
“We had been used to double-digit growth [in chemical demand] but in the past six months that slowed to stopped,” said Liveris.
The low point in
The CEO projects global GDP growth of 2.5% in 2012, with the
($1 = €0.77)
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