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Looks like they are showing signs of having bottomed as well, and continue to push demand with fiscal adjustments to sustain employment?
The post Olympic lull also contributed to the Great Mike Master’s Inventory liquidation which seems to have run its course by late December.
Highlights
| China Textile Industry Lobbies for Higher Export Rebates, Loans |
| Standard Chartered says China’s stimulus spending could top 5 tr |
| Yi Says Chinas Rapid Loan Growth Is Positive ‘Overall’ |
| China First-Quarter GDP to Rise 6.5%, CPI to Drop, Journal Says |
| China Has Little Room to Cut Rates, Central Bank’s Yi Says |
| China Unlikely to Maintain Rapid Loans-Growth Pace, Wu Says |
| China predicted to become world’s No 2 economy by 2010 |
| China has room to further cut interest rates |
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