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


To: Cogito Ergo Sum who wrote (28429)1/25/2008 10:30:54 PM
From: elmatador  Read Replies (1) | Respond to of 218428
 
If US economy would import Zero. China's economy would probably still expand by around 8-9% even if export growth dried up. During the 2001 American recession China's GDP growth barely slowed.

I keep writing think about the SCALE. I even illustrated. To no avail, Elroy still dream.

The growth in China's exports to America slowed to only 1% (in yuan terms) in the year to December from over 20% in late 2006. So far the impact on GDP has been modest. Figures published on January 24th showed that China's GDP grew by a sizzling 11.2% in the year to the fourth quarter, down from 11.5% in the previous three months. Most economists expect growth to slow to a still-healthy 9-10% this year, but there are growing concerns that new government limits on bank lending risk choking the economy.