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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: shades who wrote (58917)	4/20/2006 5:08:15 PM
From: regli	Read Replies (1) \| Respond to of 110194

I am not an expert on China but it is of utmost importance to balance the information one gets from various news sources. China has many problems but it is important to gauge the majority and not the minority to gain proper insight into public sentiment. Overall, I believe that Jay has an excellent read on the China pulse. China, India lead consumer confidence survey atimes.com Feb 8, 2006 By Shehla Raza Hasan KOLKATA - Fired by buoyant markets and high economic growth rates, China and India topped ACNielsen's latest Consumer Confidence Study. While China ranked as the most optimistic among all markets surveyed, with 78% of consumers looking forward to further economic improvement over the coming year, following closely behind were India (77%) and Indonesia (76%). Completing the top 10 spots were the United States, ranking ninth (43%), followed by Norway at 10th (42%). Among the top 10 countries in the world that are most optimistic about the next 12 months, eight are from the Asia-Pacific region. ..." And here a survey of business owners: China's Business Owners are Most Optimistic in the World About Growth Prospects in 2006 prnewswire.com "... The results of the first independent survey of business owners in mainland China show that business owners are among the most confident in the world about the local economy with an optimism balance* of +79% (see figure 1). Only three out of the 30 countries/territories surveyed -- India, Ireland and South Africa -- were more optimistic. And when asked about prospects for growth in turnover in 2006, mainland China topped the table with a balance of +86%. This made it the most optimistic country in the survey. ..."