The US dollar value of Chinese exports increased at an average rate of almost 18 per cent per an-num between 1978 and 1983.

The need to upgrade industrial equipment is great:official figures show that in 1980,20% of China’s capital stock was already 10-20 years behind that of the West.

Clearly,China's economy is a work in progress,nowhere near realizing the potential of its billionplus population.

Such sustained losses in terms of trade have contributed to growth performance in West Africa that is poorer than in East and South Africa.

Without his explicit intervention,the speculation will be going on and most of it is going in a negative direction.

The single market is central to the community's progress,but it is by no means certain that it could stand alone.

The Clinton administration strongly believes in exerting such pressure.

A series of polices designed to encourage foreign investment have accompanied these trade forms.

Not surprisingly,no country is more worried than Japan.

Dubai's total non-oil trade grew by more than 23% in 1992 and was seemingly unaffected by the recession.