From Asia pacific economic news, we reported Australia Retail Sales Fall 0.1% In December 2011, Retail sales in Australia eased a seasonally adjusted 0.1 percent on month in December 2011, this data according to the Australian Bureau of Statistics said on Monday, standing at A$20.884 billion.
And then from Indonesia we reported Indonesia's 2011 Economic Growth Strongest Since 1996, glad we hear this news, as we knew that Indonesia's economy expanded at the fastest pace since 1996 last year as strong consumer spending and investment helped offset slackening export growth, the latest figures from Statistics Indonesia showed Monday.
From China economic news, IMF Sees Risk Of Deeper China Slowdown If Euro Crisis Worsens, The Chinese economy will experience nearly 4 percentage points reduction in its growth rate projected for this year if the debt crisis in Europe intensifies, the International Monetary Fund (IMF) said on Monday. Nuff said I think
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