News

24.04.2008

Economic growth in Asia goes slightly down

The pace of economic growth will diminish in the running year in the majority of the Asian countries. This was lately reported by the Asian Development Bank (ADB).

pic HITEX, Hyderabad, India

Although the GDP growth of China is predicted to rise by 10 per cent in 2008, experts see a bunch of risks able to bring this forecast down. A significant danger is actually seen in the rising inflation rate in Asia’s emerging markets. Inflation has been fuelled by a spike in food prices.

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The next World Expo taking place in Shanghai from 1 May to 31 October 2010 under the motto “Better City, Better Life” will enjoy a German Pavilion with an all-time record size of 6,000 sqm.

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German presence in Asia

Asia plays a vital role in the global exhibition scenario. Leading German exhibition organisers are very active in the region since more than one decade. Out of 233 exhibitions held by German organisers abroad in 2008 altogether 100 of these events take place in China and India alone, thereof 82 in China and 18 in India.