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

To: TobagoJack who wrote (35150)	6/19/2003 10:00:57 AM
From: ild	Read Replies (1) \| Respond to of 74559

China: Raising 2003 GDP Forecast Andy Xie (Hong Kong) morganstanley.com China’s exports are surging beyond our expectation. We originally believed that China’s exports grew a rate of 22% last year because of the low base the previous year and that the rate would normalize in 2003 to 12%. Instead, growth for exports has accelerated this year to 34.3% for the first five months of the year. It appears that China is entering another export boom for two reasons: