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 (3029)	4/3/2004 11:34:15 PM
From: RealMuLan	Read Replies (1) of 6370

How the US fuels Shining India SWAMINOMICS/SWAMINATHAN S ANKLESARIA AIYAR [ SATURDAY, APRIL 03, 2004 11:52:29 PM ] ... In order to create a US boom, the US authorities find they have to create a stimulus large enough to spark a boom in the entire dollar zone. India is not the only shining economy around, the whole of Asia is shining. Even Japan , after a decade of torpor, enjoyed 6.4 per cent GDP growth in the latest quarter. The most recent data for industrial growth suggests 23 per cent growth in China , 16.7 per cent in Malaysia , 11.6 per cent in Thailand and 7.5 per cent in Russia , against around 7 per cent in India . All these countries have also enjoyed booming stock markets over the last year. This is no co-incidence. It is a consequence of the globalisation of the US economic stimulus. Through this, Bush may help re-elect Vajpayee but not himself. How ironic if that happens! timesofindia.indiatimes.com

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