Silicon Investor (SI) -- The First Internet Community

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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (36512)	7/25/2003 4:11:52 PM
From: RealMuLan	Read Replies (1) \| Respond to of 74559

China's Import Growth Seen from an Asia-Europe Perspective: Comment Asia and Europe are two important continents in today's world economy, and China keeps close economic and trade ties with most Asia-Europe Meeting (ASEM) members. ... In the first quarter of this year, China's foreign trade deficits, in existence for sometime, drew much concern. In fact, in a macro perspective deficit in a particular quarter or period is normal and at the current stage China's main imports are resources in short supply at home, raw and semi-processed materials and advanced foreign technological equipment. The rapid growth of the national economy has brought high rise in imports, while the structure of imported commodities has in return provided great support for the development of the national economy. A point that cannot be neglected is that China's fast-rising imports have not only injected fresh vigor into its trade partners to help them emerge from economic depression and bring about economic growth, but have also contributed to the slow recovery of the world economy. China's aim to have quadrupled GDP by 2020, first of all, means quadrupling its market scale. Presently, the nation's market scale has been in the front ranks of the world and tremendous changes have taken place in the clothing, food, housing and transportation-every aspect of the life of urban and rural residents, with new flash-points of consumption appearing one after another; the unity and transparency of economic and trade policies have been greatly enhanced and the openness of markets has been deepening, all these have brought enormous business opportunities to world countries including ASEM members. english.peopledaily.com.cn