TITLE

CHINA'S ECONOMY GOES FROM STRENGTH TO STRENGTH

PUB. DATE
July 2006
SOURCE
ICIS Chemical Business;7/3/2006, Vol. 1 Issue 26, p13
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the economic growth in China in 2006. The governor of the People's Bank of China, Zhou Xiachuan, announced that the economy will expend over the first half of the year. So the economy is still steaming ahead, with data pointing to investments in factories and other fixed assets in the first five months. The rise in export earnings is eventually converted from foreign currencies into yuan, creating bags of excess cash that is feeding the loose-bank lending.
ACCESSION #
21764241

 

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