Mish's Global Economic Trend Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: mishedlo who wrote (9639)	7/21/2004 11:09:07 AM
From: RealMuLan	Read Replies (1) of 116555

Fed's Greenspan-China economy not sinking further Tue Jul 20, 2004 03:47 PM ET WASHINGTON, July 20 (Reuters) - China's economic growth has deliberately slowed but does not appear to be sinking further, Federal Reserve Chairman Alan Greenspan said on Tuesday, adding that China does not represent an inflation threat to the United States. "Clearly through the second quarter, where their quarter-by-quarter rate of growth really slowed virtually to a halt, they exhibited considerable removal of very major elements of growth. However they don't seem to be sinking much further," Greenspan told Congress. "I do not believe that the Chinese can export inflation to us," he added, saying it was unlikley that cuts in China's steel production would produce any significant rise in steel prices. © Reuters 2004. All Rights Reserved. reuters.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next