Now all the Chinese need is........freedom. On Oct 22, 1:58 pm, xi <[email protected]> wrote: > My comment: China's economy grew 6.1% year on year in the first > quarter of this year and 7.9% in the second, now 8.9%. Obviously, > growth is not the problem right now. But I cannot say that China s > economy left this crisis behind, not yet. It passed to furth phase of > this short term crisis, growth is sustainable and robust, but until > exit strategy works we cannot say that we left crisis behind us. > > In my opinion, the best news come from the inflation side. It is very > low (in fact negative) but it i because year on year, commodities are > cheaper in Q3. The huge difference between PPI (production prce index) > and CPI (consumer price index) explain that price inflation is under > control because raw materials are cheaper now than one year ago. > Consumer price inflation would be above zero without it. In fact, the > board point at inflation as the indicator to monitor hereinafter. > > Also, a very possitive aspect is that despite stimulous package, > foreign reserves grew again. It allows to extend smimulous further if > needed. > > China's recovery trend "consolidated": Cabinet > meetinghttp://news.xinhuanet.com/english/2009-10/21/content_12290197.htm > > China's GDP growth accelerates to 8.9% in > Q3http://news.xinhuanet.com/english/2009-10/22/content_12295571.htm > > China's 2009 GDP growth revised up to > 8.2%http://news.xinhuanet.com/english/2009-09/22/content_12095301.htm > > China's GDP grows 7.7% in first nine > monthshttp://news.xinhuanet.com/english/2009-10/22/content_12295697.htm > > China's forex reserve hits record $2.27 > trillionhttp://news.xinhuanet.com/english/2009-10/14/content_12231456.htm > > China has no inflation problem but worries about inflation > expectations: > officialhttp://news.xinhuanet.com/english/2009-10/22/content_12298725.htm > > China's CPI falls 1.1% in 1st nine > monthshttp://news.xinhuanet.com/english/2009-10/22/content_12295596.htm > > China's PPI down > 6.5%http://news.xinhuanet.com/english/2009-10/22/content_12295654.htm > > China's industrial output up 12.4% in > Q3http://news.xinhuanet.com/english/2009-10/22/content_12295676.htm > > China's retail sales up 15.1% in first three > quartershttp://news.xinhuanet.com/english/2009-10/22/content_12295641.htm > > China's imports, exports drop 10.1% in > Septemberhttp://news.xinhuanet.com/english/2009-10/14/content_12228511.htm > > China's power consumption continues to rise in > Septhttp://news.xinhuanet.com/english/2009-10/15/content_12235654.htm > > Peace and best wishes. > > Xi
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