2004-12-01

Wie Xinhuanet berichtet, sieht die OECD für China ein Wirtschaftswachstum von 8% im Jahr 2005. Eine restriktive Wirtschaftspolitik könnte das Wachstum jedoch bremsen:
The Organization for Economic Co-operation and Development (OECD) has predicted that the Chinese economy would grow by 8 percent in 2005, saying a restrictive economic policy would lead to a slowdown.
According to the OECD, despite restrictive government credit policy to companies, the production was taken to a rise.
... China remained competitive due to its stable exchange rate, flat unit labor costs and the removal of textile quotas next year.

The OECD also noted that an abrupt slowdown in bank lending had "disrupted the provision of working capital and could lead to a greater than expected rundown in inventories and hence output which might set off downward revision of industrial investment plans."

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