41. China maintains it is a developing economy for which allowances should be made. 42. Chinese leaders contend that current WTO demands for tariff cuts and the elimination of non-tariff barriers would cripple its developing economy. 43. Chua said it is widely acknowledged that housing is an important sector especially in a developing economy. 44. China has yet to develop strong legal or financial systems and suffers bouts of severe inflation and other ills common to developing economies. 45. Despite competition from developing economies, North America and western Europe will continue to receive a major share of foreign direct investment, the report said. 46. Developing nations meeting in Tehran on Tuesday called on the industrialized world to provide the advanced technologies and investment needed to spur growth in developing economies. 47. Every Asean leader must remember that the peace and stability enjoyed throughout the region has largely been brought about by its rapidly developing economies. 48. He said consumers in developing economies such as China will use more aluminum as they become wealthier. 49. In fact, ITT exports to many developing Asian economies are already increasing rapidly. 50. In making the fight against poverty, a central element of its development policy concept, Indonesia has become a model for other developing economies. |