By Louis Navellier - Nasdaq.com Lots of investors are clamoring over China right now because stocks there have experienced phenomenal growth since January 1, 2009. There’s no mystery behind China’s appeal: The country has experienced robust economic growth even in the worst of the recession, including a nearly 9% annualized gain in GDP for the third-quarter [...]
Posts Tagged ‘GDP’
Carnival climate in Brazil, as property market celebrates new record growth
The property market in Brazil has celebrated the news that a new record growth has been achieved, to show that the credit crisis has not reached the South American country. Housing credit has closed 2008 with 299.746 properties financed, the highest number ever and a rise of up to 53% over 2007. According to ABECIP [...]
No recession in Brazil as GDP grows to 1.8%
The Brazilian govervenment has celebrated today as the country’s GDP has grown to 1.8 percent in the third quarter from the second. These are further signs that the South American country is resisting the global recession. According to the official statistics agency, IBGE, the expansion of the gross domestic product was faster than the 1.6 [...]