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Davos leaders optimistic on global economic recovery

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Cautiously optimistic about the rebounding global economy, top business and government leaders have wrapped up the World Economic Forum held in Davos, Switzerland. The five-day forum is known as the global economic barometer.


Despite a wide range of consensus are reached in the forum, participating delegates still believe the world economic recovery is still facing many uncertainties, such as the European debt crisis, high US jobless rate as well as the resurgence of the world economic imbalance. Meanwhile, the Doha round of talks are deemed as vital to the world trade.

Participating World Trade Organization members are vowing to try their best to resume the talks as soon as possible. In the economic sweepstakes, the spotlight remained on Asia's two fastest-growing economies, China and India. Participating experts came up with various of suggestions to help the world second largest economy to walk out of the inflation and crush the property bubbles.


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