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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: 4figureau who wrote (24953)11/4/2002 12:04:28 AM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Hello 4figureau, <<101 Reasons to Stay out of the Market>>

"92 - China's Industrial output, exports, infrastructure spending, and foreign direct investment are all rising.

93 - Acceleration in GDP growth to an 8.1% year-over-year rate in Q3 2002.

94 - China continues to be the fastest-growing economy the world, irrespective of the slowdown in the broader global economy.

95 - Chinese competition has served to deflate the price of many goods in the U.S.

96 - China's merchandise exports last year came to $266 billion, with 41% of those exports going to the US.

97 - China passed Japan last year as the nation with the largest trade surplus.

98 - The average worker in China makes 40 cents an hour -- one sixth of what a Mexican worker receives and one-fortieth of what a US worker earns.

99 - China launched the Shanghai Gold Exchange on Oct.30th. Some Hong Kong traders project that gold demand in China could rise to 500 tons per annum from 200 tons due to these changes.
"

Unless one chooses to wager on Chinese shares, and the resource suppliers to China;0)

Chugs, Jay