Tuesday, July 13, 2004

landing - Not for the export

Export broke new records in June, as it surged 47 percent compared to one year earlier, and 33 percent in May, Bloomberg reports.
Efforts of the government to slowdown the redhot economy does have some effect in other areas, to the degree that even signals of a hard landing can be seen.
China occuppies now 7 percent of the total world trade, three times more compared to ten years ago.

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