| Quote: | | | Originally Posted by uncle9 | | | | |
| just read a Asset Research paper by Societe Generale published last week on China's economy.
construction in 2008-2009 is expected to grow at least 40-50% YoY and GDP growth at ard 14-15% YoY and inflation forecasted to reach new highs
reminds me of some forecasts made earlier by some prominent people
so do you subscribe to popular theory that China's economy will slump right after the Olympics or that the growth in construction will keep GDP buoyant for the next few years? | |
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i think the Chinese wont let their economy slump at least after Olympics...
anyway it s after the Olympics tat provide opportunities for the future growth....
but the current downturn s rather good to a certain extent tat it dun ballon the bubble further....
mayb anyone care to share more....
