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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (5186)7/24/2005 7:28:20 PM
From: RealMuLan  Read Replies (1) | Respond to of 6370
 
According to Chinese media, Chinese gov. had two sets of plan for RMB appreciation, one set is 2%-3%, and the other is 5%. After several months of research, decided to use 2-3% plan. Because, if RMB appreciated 5%, then GDP would decline 1.4 percentage points, and CPI will decline 1.2 percentage point. That means deflation will soon come back.



To: RealMuLan who wrote (5186)7/25/2005 5:32:21 PM
From: ild  Respond to of 6370
 
Thanx for the translation. Very interesting.


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