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BERLIN
Marcus
Mariota Rush Jersey , Jan. 28 (Xinhua) -- The slowdown of China's economic
growth was a normal process towards sustainability where great business
opportunities would be created, said a leading German business group on
Thursday.
"The development in China has confirmed that a long-lasting growth over 10
percent could not be sustainable," said Hubert Lienhard, Chairman of the
Asia-Pacific Committee of German Business (APA) in a press conference in Berlin.
"We are currently witnessing a
normalization
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Affected by a sluggish global growth and an internal economic transition,
China's gross domestic product (GDP) increased by 6.9 percent in 2015, the
slowest annual expansion in 25 years, but in line with the government's target.
The country launched a "supply-side" reform late last
year
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improving products and service quality and boosting productivity by innovation.
It was one of the measures taken by the government to shift the economic driving
force from exports and investment to consumption.
"The reorientation of the economy to sustainability also poses great
opportunities for German companies," Lienhard added, "especially for
high-quality products and cutting-edge technology for environmental and
resource-friendly production."
Over
5
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biggest trading partner outside Europe.
APA expected Asia to remain as the most important growth region in the world
for German companies in 2016. In the region, "China will remain at the center,"
Lienhard said.
Home > Parenting > Good ParentingBankruptcy And Home Loan
Refinance Options
Posted by nick_niesen in Home on October
29th
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After a bankruptcy, home loan refinance options can be tricky. Your lender
may or may not work with you in your quest for a better financial security. You
will need to investigate your options for a suitable program. It may serve your
best interest not to use the particular program that your lender provides.
A bankruptcy home loan refinance program can be a wonderful option if the
lender is willing to work with you. It can be a nightmare if the program has
hidden surprises along the way. In some cases, it would be best not to pursue a
loan at all. In some instances, you may feel as if your lender is trying to push
you into a program that you do not want. This should send up some red flags to
you and you may want to find another lender who specializes in refinancing
options. It may be that your lender just does not want to work with you anymore.
It is better to find a new one than try to salvage a relationship that will make
you miserable for years to come.
If your lender is making the option of a bankruptcy home loan refinance
painful
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always other options for refinancing. There are many finance companies just
waiting to serve you and they will offer you a package that is more attractive.
They will come with both good and bad. Your interest rate will be higher in a
package from a finance company.
It is always important to do a little research when looking for a bankruptcy
home loan refinance program that will work for you. The differences in programs
can be like night and day. Some programs may seem like a good idea in the short
term. These will often lower your payments and that may be the option you
choose. However, some refinancing can make it seem as if you are starting over
and your loan will take another thirty to forty years to pay off. This is not a
good option to have if you have already been paying on your home for
se.
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