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CHINA’S ECONOMIC GROWTH DRIVING THE GLOBAL ECONOMY

GLOBAL ECONOMICS

Chinese economic growth was 9.5% in the second calendar quarter of 2005. Indian GDP growth is 7%. European growth is small, but steady. Japan is growing steadily, solving their banking crisis, and selling off the post office. Also, U.S. economic growth is stronger than expected. All of these indications point to stronger global economic growth than many had expected. There are further indications that global economic growth may continue. This is very salutary for world stock markets. How do we ensure that we not only take advantage of the current improving situation, but also foresee the problems . . .
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