Dear Elaine, agree with you, as we know Economy is a BIZARRE TEACHER. Ordinary teacher always punish the naughty, lazy, stupid students and give reward to the bright one. But Economy do with different way, Economy will punish the bright one and give reward to the naughty, lazy, stupid one.
Asia (specially China) is the bright one right now and US is the most naughty, lazy one. US get the reward (money, help, sympathy everywhere) and China get the punish (Rule to slowdown). Really BIZARRE. Regards JV <http://groups.yahoo.com/group/obrolan-bandar/message/186784;_ylc=X3oDMTJzZm 1xdmVwBF9TAzk3MzU5NzE1BGdycElkAzE2NTIzNTUEZ3Jwc3BJZAMxNzA1MDAxNzc5BG1zZ0lkAz E4Njc4NARzZWMDZG1zZwRzbGsDdm1zZwRzdGltZQMxMjUwODM1Mzkx> Re: China Third-Quarter GDP Seen up 8.5%, No Inflation Posted by: "Elaine Sui" <mailto:elainesu...@gmail.com?subject=%20re%3a%20china%20third-quarter%20gdp %20Seen%20up%208%2E5%25%2C%20No%20Inflation> elainesu...@gmail.com Thu Aug 20, 2009 10:58 pm (PDT) *We all know that China Mainland (along with Japan) is funding the US recovery by buying their debts and shares, to keep them afloat because US is the biggest consumers of China and Japan products. But at the same time, the China govt is planning to cool down their own economy from overheating, and to avoid oversupply, so it's pretty dilemmatic. I'd say it's limited, unless China is going to apply protectionism to US imports. They (China) are piling up everything from the world, cash, energy, natural resources, man powers, they are buying everything. And they will either use it for their own good (domestic spending), or sell back to everyone at pretty much higher price (unlikely though, I mean who's gonna buy them?). After the fall of communism (soviet union) in 1991, capitalism and globalization has inflated the economy, and burst 3 times in 1997 (Asia financial crisis), 2001 (dot com bubble) and 2008 (sub prime). China is aware of this facts, and their govt really have to stop the bubble at some point, or it will take the global economy down. Rather than taking aggressive action such as protectionism, they must take more subtle approach, such as limiting money supply. I can't say much as it still in progress, but I believe they will find a way out of this. Elaine** * On Fri, Aug 21, 2009 at 12:26 PM, Peter Alimin < <mailto:milis222%40live.com> milis...@live.com> wrote: > Nice comment.. > One more question, how about the effect(to indonesia &asia) 'china tight > policy' ?(rumour/news[?]) > Thanks. > Sent from my BlackBerryR > powered by Sinyal Kuat INDOSAT >
