China Warehouse- More Than Crockery Message Board

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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (327)	8/14/2003 4:41:28 PM
From: BubbaFred	Read Replies (1) of 6370

Mr. Ma and Mr. Lin, they both have excellent points and hopefully the national leadership will enforce policies that curb the booming growth. "... National Development and Reform Commission (NDRC) Minister Ma Kai warned: "If not cooled, the investment fever in some industries will heavily affect China's robust economic growth.'' "Excessive growth in some sectors is putting a strain on transportation and power supplies, driving up the prices of raw materials and damaging industries across the nation, warned the NDRC -- China's top economic management body. " "Ma said many of the newest projects rely on outdated technology and equipment, affecting their ability to control pollution. They also have a tendency to consume high levels of energy. " "Lin Yueqin, an economic researcher with the Chinese Academy of Social Sciences said the automobile sector is a typical example of the unpredictable situation, with existing producers competing with each other to expand their production capacity."

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