Mish's Global Economic Trend Analysis Message Board

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

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To: RealMuLan who wrote (26527)	3/29/2005 2:45:27 PM
From: RealMuLan	Read Replies (1) of 116555

China Q1 growth expected to slow Beijing, China, Mar. 29 (UPI) -- China's economy is expected to grow 8.8 percent in the first quarter of the year, slowing from 9.5 percent in the previous quarter, state media reports. A slowing agricultural sector and decreased investment are expected to temper the increase in gross domestic product, the China Securities Journal said Tuesday, citing a report by the State Information Center. The report forecast that China's industrial output would rise 17.2 percent in the first quarter, a drop of 0.5 percentage points compared to the same period last year. Meanwhile the consumer price index is forecast to rise 2.7 percent year on year in the first quarter, down 0.1 percentage point from the same period a year ago. The estimate is well below the government's target of about 4 percent. washingtontimes.com

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