G-8 experts see preliminary signs of worldwide recovery

05/26/2009 | Reuters

The earliest signs of a global recovery are starting to show up in the U.S. and China, said Group of Eight experts preparing for a meeting of G-8 finance ministers. "The papers we are working on ... say the first green shoots are emerging, in the United States and in emerging economies, especially China," one source said. Another said the recession has not ended, "but we are seeing a slowing of the speed of contraction."

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