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Since when China rules the world economy?

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abc

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Oct 29, 2004, 10:32:51 AM10/29/04
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Since when China rules the world economy?

Ok, China is a large country, with a large population, big consumers, and just
a new economy and developing country.

But because China announced a 0.27-percentage-point rise interests, the world
markets collapsed?... Come on!!

(China announces hike in interest rates for the first time in nine years)
Thursday, October 28, 2004 - SHANGHAI (AP)


They are not even part of the G8 !

(USA, Canada, England, France, Germany, Japan, Italy, and Russia)

There are other countries and developing economies such as India, Brazil,
Russia, as important as China.

Do we even know the name of its currency?

Lets take care of our business, our dollar(s), our markets, our economy.

The rest is just unfounded speculations.

anon

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Oct 29, 2004, 11:16:36 AM10/29/04
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"abc" <a...@123.wl> wrote in message news:nwsgd.52790$%k.9562@pd7tw2no...

>
> Do we even know the name of its currency?
>
"we"? those who wish to know, know.


Message has been deleted

PeterL

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Oct 29, 2004, 1:36:17 PM10/29/04
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"CyberDroog" <Cyber...@ClockworkOrange.com> wrote in message
news:iqp4o0l1kkr1bqpeo...@4ax.com...

> On Fri, 29 Oct 2004 14:32:51 GMT, a...@123.wl (abc) wrote:
>
> >Since when China rules the world economy?
> >
> >Ok, China is a large country, with a large population, big consumers, and
just
> >a new economy and developing country.
>
> And becoming the single largest consumer of oil in the world...
>

In addition to other basic materials.

> >Do we even know the name of its currency?
>

> That would be the Yuan.
>

Renminbi (RMB)


> >Lets take care of our business, our dollar(s), our markets, our economy.
> >
> >The rest is just unfounded speculations.
>

> Look on the back of any number of items in your home and notice where they
> are made. The U.S. is joined at the hip with China in many respects.
>
> --
> LEARNING, n. The kind of ignorance distinguishing the studious.
>
> - Ambrose Bierce
>


PeterL

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Oct 29, 2004, 1:37:13 PM10/29/04
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"abc" <a...@123.wl> wrote in message news:nwsgd.52790$%k.9562@pd7tw2no...
>
> Since when China rules the world economy?
>
> Ok, China is a large country, with a large population, big consumers, and
just
> a new economy and developing country.
>
> But because China announced a 0.27-percentage-point rise interests, the
world
> markets collapsed?... Come on!!
>

If you choose to be ignorant, it's your choice.

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