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

To: Haim R. Branisteanu who wrote (26897)	4/5/2005 1:00:33 PM
From: mishedlo	Read Replies (1) \| Respond to of 116555

Two top Chinese officials won´t attend G7/IMF meetings Tuesday, April 5, 2005 4:06:31 PM afxpress.com Two top Chinese officials won't attend G7/IMF meetings WASHINGTON (AFX) -- China's two senior economic policy makers will not be coming to Washington later this month to discuss the country's fixed exchange rate with U.S. Treasury officials and their G7 counterparts, U.S. and Chinese officials said Tuesday. China's central bank governor Zhou Xiaochuan and Finance Minister Jin Renqing won't attend the G7 meeting or the spring meeting of the IMF and World Bank. Deputy central bank governor Li Ruogu and vice finance minister Li Yong will instead represent China at the IMF meetings that take place over the weekend of April 16, according to a Chinese official.

To: Haim R. Branisteanu who wrote (26897)	4/5/2005 1:02:01 PM
From: mishedlo	Read Replies (1) \| Respond to of 116555

Smart move? It says diversify into other US$ denominated stuff. Now if they mean US equities, I propose that is about the dumbest thing they could do. Read that again and tell me what you think they are going to do. Mish