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Thursday, November 3, 2011

China - soft landing?


China manages very well to decreased temperature from overheated economy, during one year time monetary policy management increased interest rates 5 times, that decreased GDP growth to 9.1% (last quarter) and decreased inflation, which was an amazing job.  China still has risks in real estate, but there is a high probability that China economy will have a soft landing.   If things don’t change it can start decreasing rates from next year to promote more growth.  China growth is extremely important for global economic growth.