My comment: Two important ones: 1) PPI ve CPI keeps 5 percentage points of difference, -0.5% vs -5.8%. (1) The overall data are not bad, but the difference is bad. China produces five percentage points of price inflation from the output in factory to the consumer. It mostly goes to higher margins produced by higher retail sales (2).
2) Economy, in particular manufacturing, is gaining momentum. (3) We almost can say that we are leaving this crisis behind. In fact, despite speeches, exit strategies are already in place, and in particular the most risky one: new loans (4) Exellent news although inflation gap is serious reason for concern. Peace and best wishes. Xi (1) China's CPI falls 0.5% in October, PPI down 5.8% http://news.xinhuanet.com/english/2009-11/11/content_12430906.htm (2) China's retail sales up 15.1% in first three quarters http://news.xinhuanet.com/english/2009-10/22/content_12295641.htm (3) China's industrial output up 16.1% in Oct. http://news.xinhuanet.com/english/2009-11/11/content_12430964.htm (4) China's new loans sharply down in Oct. http://news.xinhuanet.com/english/2009-11/11/content_12431241.htm --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "World-thread" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/world-thread?hl=en -~----------~----~----~----~------~----~------~--~---
