Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: AC Flyer who wrote (41059)	11/6/2003 9:16:31 PM
From: Gulo	Read Replies (1) of 74559

I don't know what China's average growth rate will be, but it is considerably higher than 8% now. Including the black market could make it near 15%. I agree that will drop considerably in the near future, and might even collapse into recession if the banking system fails. Right now, China seems to be growing like the Asian Tigers did a couple decades ago. To reach the size of the U.S., China only has to achieve 1/4 the per capita GDP. As was mentioned before, Singapore did much better than that in a single generation. -g

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