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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (16007)	11/17/2004 2:59:45 PM
From: RealMuLan	Respond to of 116555

>>On the other hand, China's money supply has been on the decrease for four consecutive months.<< Yes, in order to cool down the economy. >>Will it produce adverse impact on the economic operation in the second half of this year and next year? << We already saw the result of the slowdown, and in order not to overshoot, so China losen up on their lendings, and money supply should be up somewhat too. >>And to which extent will the hike in oil price affect the Chinese economy? << I think I posted a piece news somewhere here that China predict the growth rate for next year will be slow down to 7.5% (or something like that) due to high oil price.