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Thread: China's economy to grow slow in 2008
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[quote=DREAMLIFE,264376]IMO, Chinese economy needs to slow down its pace confronted with inflation, soaring housing prices and abnormal stock market. According to ICBC's estimation, the central government might increase its interest rates twice in 2008 to cool down its economy. I just wonder if it works. Don't forget that the Olympic Games will be held this year. WIth this 'catalyst', it is really hard for the authorities to realize their plans.[/quote]
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