11.   China, meanwhile, has managed to escape a major downturn and encourages domestic spending to keep the economy growing.

12.   Golkar is already bracing for a major downturn in support at the ballot box with the establishment of dozens of new political parties.

13.   Sohn said his biggest concern is a major downturn in the stock market, which would severely crimp business and consumer spending.

14.   We are aware of the perilous condition of the Japanese banks and of the high probability of a major downturn in the American stockmarkets.

15.   Nortel Networks said that while it does not expect a further major economic downturn in the near term, nor do they anticipate an immediate bounce-back.