C-Cube Message Board - Msg: 2889080

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Technology Stocks : C-Cube

CUBE 37.36

+1.2%

Nov 26 3:59 PM EST

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To: Ed's Head who wrote (26206)	12/5/1997 2:49:00 PM
From: BillyG	Read Replies (1) of 50808

China outlook................... September 22, 1997 LENGTH: 98 words COUNTRY: China HEADLINE: Economic outlook BODY: Real GDP growth will slow to 9.4% in 1997 and 8.4% in 1998 as unemployment and slower wage growth curb private consumption. However, because of stronger external demand and revised trade figures for 1996, we now expect the current account to remain in surplus in 1997-98. Easy supply-side conditions resulting from a good agricultural performance and the running down of inventories have slowed inflation, resulting in a downward revision to our annual average inflation forecast for 1997, to 5%. Some modest inflationary pressure will reappear in 1998.

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