Friday, October 24, 2008

China pursues growth

Hu Jintao tonight 24 Oct 08 at the 7th Asia-Europe Meeting said China would vigorously expand domestic demand, especially consumer demand, maintain economic and financial stability of the domestic market and stability of the capital market, while continuing to promote sound and fast economic and social development.
This all fits with their decision to use their financial strength to develop domestic markets when the rest of the world has lost that capacity.And they will be buying key global assets. Read my China posts!!!

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