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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: RealMuLan who wrote (33471)5/10/2003 6:57:46 PM
From: EL KABONG!!!  Read Replies (1) of 74559
 
Yiwu Zhang,

"This year, the total of the current account surplus is set to shrink, or even reverse to a deficit,"

Even if China were to run a deficit, it would likely only top a few billion, as measured in US dollars, a trifling sum given China's enormous economic potential. I would doubt that anyone of any consequence in the Chinese government is even mildly concerned about the possibility of a small deficit this year.

KJC
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