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Albania and China had strong economic growth in 2009
Economic crises in the world has shown that the one who is strong, fast and works hardest will definitely emerge in the world Economy. China and Albania--two former communist countries with nothing in common culturally or geographically, are perfect for each other in the economical marriage. A perfect marriage between two countries with economic growth, Albania with amazing untapped natural resources, China an industrialized nation looking to strongly capture the European Market and setting up strategic influence in the region. Making Albania a store front for Europe to purchase China's Products will be the best investment China ever made in Europe. In Albania, China will have amazing opportunities to trade their goods with the Balkans, Europe, the Middle East, and Africa and benefit from 100s of billions of dollars Albania and Kosovo have in minerals.According to the latest figures economic growth in China and Albania was around 6-8% this year, and strong growth is expected this year as well. This analysis takes a closer look at some of the important aspects of Albania's economic development in recent years and the state of the reforms already carried out, particularly in the banking sector. It shows that the Albanian economy is developing very satisfactorily - compared with the development in the most recent new EU member states as well, so at least in the economic perspective Albania's aim of coming close to EU membership in the medium term does not appear to be unrealistic. Albania has increased tourism 20% in the last 2 years.
The strength of the property sector in China has been another big surprise. Property sales were up 53% in the first six months from a year earlier, according to a survey commissioned by the statistics bureau and published in the China Information News, while nationwide prices averaged across 70 cities climbed year on year in June. This masks the fact that in China's second and third largest cities prices have been strengthening much more. Property normally accounts for about 25% of fixed asset investment in China and is a key form of wealth holding for most Chinese. Optimism about housing prices will translate into greater consumer confidence. China and Albania have more new places getting built per capita than any other place in the world. This news clearly shows investors that investing in both countries is a good move.
Albania and China had strong economic growth in 2009
Economic crises in the world has shown that the one who is strong, fast and works hardest will definitely emerge in the world Economy. China and Albania--two former communist countries with nothing in common culturally or geographically, are perfect for each other in the economical marriage. A perfect marriage between two countries with economic growth, Albania with amazing untapped natural resources, China an industrialized nation looking to strongly capture the European Market and setting up strategic influence in the region. Making Albania a store front for Europe to purchase China's Products will be the best investment China ever made in Europe. In Albania, China will have amazing opportunities to trade their goods with the Balkans, Europe, the Middle East, and Africa and benefit from 100s of billions of dollars Albania and Kosovo have in minerals.According to the latest figures economic growth in China and Albania was around 6-8% this year, and strong growth is expected this year as well. This analysis takes a closer look at some of the important aspects of Albania's economic development in recent years and the state of the reforms already carried out, particularly in the banking sector. It shows that the Albanian economy is developing very satisfactorily - compared with the development in the most recent new EU member states as well, so at least in the economic perspective Albania's aim of coming close to EU membership in the medium term does not appear to be unrealistic. Albania has increased tourism 20% in the last 2 years.
The strength of the property sector in China has been another big surprise. Property sales were up 53% in the first six months from a year earlier, according to a survey commissioned by the statistics bureau and published in the China Information News, while nationwide prices averaged across 70 cities climbed year on year in June. This masks the fact that in China's second and third largest cities prices have been strengthening much more. Property normally accounts for about 25% of fixed asset investment in China and is a key form of wealth holding for most Chinese. Optimism about housing prices will translate into greater consumer confidence. China and Albania have more new places getting built per capita than any other place in the world. This news clearly shows investors that investing in both countries is a good move.
Albania and China had strong economic growth in 2009