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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (288748)	5/20/2006 6:02:33 PM
From: combjelly	Read Replies (2) \| Respond to of 1573941

"China does from time to time redirect growth but I have not heard them say they are lowering growth." They don't have a lot of choices. According to Earnest & Young, China has $900 billion worth of underperforming loans. Now true, they later retracted that figure when China squawked, but the fact they are also an auditor for one of the state banks might have had something to do with that. China could implode soon if they don't change course. Likely it will happen any way, but they can't sustain. Now what that augers for the US is another issue. One that won't have a happy ending.