HenryTo Site Admin


Joined: 06 Aug 2004 Posts: 11735 Location: Los Angeles, California
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Posted: Thu Jul 19, 2007 7:58 am Post subject: |
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Bloomberg's take. Also, this is the perfect time to revalue the Renminbi by another few percentage points or so - given the 4.4% rise in consumer inflation - but China isn't certainly going to "give in to the demands" of the US Congress.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aitwOwTN0lBc&refer=home
| Quote: | | The export- and investment-driven economy is drawing closer to replacing Germany as the world's third largest. Gross domestic product expanded 11.1 percent in 2006 to 21.09 trillion yuan ($2.79 trillion). Germany's economy was valued at $2.89 trillion. |
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