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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (7220)	6/15/2006 4:32:53 AM
From: energyplay	Read Replies (2) \| Respond to of 217975

More of China pulling in liquidity - June 15 (Bloomberg) -- China's government stepped up efforts to cool the world's fastest-growing major economy as a report showed investment in manufacturing and real estate unexpectedly accelerated. Central bank Governor Zhou Xiaochuan said he'll curb money supply, a day after Premier Wen Jiabao told local governments and banks to limit lending. Urban investment in fixed assets jumped 30.3 percent in the first five months from a year earlier, the statistics bureau said today. ``The risks to the economy are from the investment boom turning to bust,' said Julian Jessop, chief international economist at Capital Economics in London. ``The best way to avoid a hard landing in 2007 or 2008 is to start deflating that investment bubble now.''