GREY:STPJF - Post by User
Comment by
LeGagneuron Jul 20, 2011 5:01am
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Post# 18850431
RE: Some European Interest rates
RE: Some European Interest ratesThen the implications of the Growth in China is quite evident?
China’s economy grew 9.5% in the 2nd quarter. Chinese industrial output was up over 15% (Reuters).
At this pase, if it continues, Chinas economy and energy demand will have doubled in LESS than 10 years.
Important to know is that IF not the Comunist party in China is able to conitue with this growth and at this pase then its just a matter of time before the regime has lost all control over the country. Already today there are 1000nds of uprisings every year in the counry, some smaller some larger all due to the fact people in all regions exept the costal areas (that the regime so far have prioritised) want better economic conditions.
This is why the Comunist regime does all in its power to keep economic growth in the country at 8% and at the same time they try to manage the inflationary preassures.