1. Consumption sector is to be expanded and folks in China are in their financial position to consume goods and services as I have seen as evidence in Shanghai in particular during Aug.7th to August 24th 2008.
2. Construction in the public sector i.e. infrastructures are being built up for boosting economic growth.
3. China's Exports are still doing fine in Southeast Asia and African nations even though exports to USA seem to be slowing down. That remains to be seen in the days to come. However,positive scenario on China would be smart in the long run when investors have trust in the largest emerging market in the world. A word to the wise is sufficient. The decision is up to those who have insights!
In Pin Yin, "Zhenzhengxuezhe,laodangyizhuang" as an octogenarian to send such blog with conviction to readers apropos of Sino-American Economics in the 21st century. P.S. US government will take over troubled Freddie and Fanny as China has invested such. Treasury Secretary Paulson,Jr. made such announcement as per WTOP Radio.
Francis Shieh a.k.a. Xie Shihao on Saturday,September 6, 2008 at 6.40 a.m.
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