CCTV-4: Chinas Bull market is still active

Washington Post,Jan.3, 2008 Page D8: "Reins may tighten on China's bull market. Economic growth remains strong at home,oil prices and credit tightening pose uncertainties." Page D5: "Wall Street finds little to celebrate in the New Year. A spike in oil prices adds to fears of a further slowdown in the economy." My comment: The perspective economic scenario is prolonged weakness and rising inflation. Such happening is known as stagflation appearing in the days to come. Global economy is international in nature. Sino-American economics should be watched with deep concern as we are affected by events with financial impact. Francis Shieh a.k.a. Xie Shihao on Thursday,January 3, 2008.