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Woodshedder
Joined Nov 11, 2007
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HSBC and Markit Economics Revise Chin’s Manufacturing Within 0.01% of contraction Territory

CRONKITE Thu Jun 23, 2011 8:22am EST Comments Off on HSBC and Markit Economics Revise Chin’s Manufacturing Within 0.01% of contraction Territory

China’s recent interest rate hikes have slowed its economy significantly. Bank reserves stand at 21.5% of capital requirement and manufacturing is hanging in the balance.

A fine line it is between growth and fighting inflation…..

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