Emerging markets seen as global economic engine over next few years

09/25/2013 | Xinhuanet.com (China)

The greatest source of growth for the global economy over the next five to 10 years will be emerging markets with their rising middle class, Singapore Finance Minister Tharman Shanmugaratnam said at the Russia-Singapore Business Forum. That rise in affluence more than counterbalances any shorter-term volatility and challenges, he said.

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