■

Emerging nations seen as economic lifesavers - International Herald Tribune

The United States may have plunged the world into a sharp economic downturn, but it will take the combined efforts of China and other emerging nations to lead the global economy out of what is likely to be a long and painful recession.

That was the view of a number of business executives, government officials and economic experts gathered Monday and Tuesday for a conference on China's role in the global economy.