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Strategies & Market Trends : Greater China Stocks

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To: Julius Wong who started this subject	4/14/2003 11:25:15 PM
From: Julius Wong	Read Replies (1) of 8334

China's economy rockets in first quarter China may eventually get slammed by the impact of the SARS respiratory disease, but its economy fired at all cylinders in the first quarter as GDP soared 9.9 percent from year-ago levels in the fastest quarterly growth rate in 6 years, the South China Morning Post reported. The China Daily quoted the the Ministry of Commerce as saying late Monday that actual foreign direct investment hit US$13.09 billion in the first quarter of this year, up 56.7 per cent from a year earlier. Contracted foreign investment, an indicator of future trends, rose 59.6 per cent year-on-year in January to March to $22.98 billion, the ministry was quoted as saying. cbs.marketwatch.com

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