China need stop appreciation in short-trem
Posted on Jul-19-2008· by china investor
China’s economy data had issued,I think we must recognize,china’s real economy data is facing the risk of recession.In fact in 2007 years,many many companies are swim in collapse tide.In guangdong province,there have more than 5000 shoe-making companies,not only have 25 percent are continue to make shoe,1000 factory closed,800 factory moved to other country in asia,2500 moved to other province. In 2008,the experts of guangdong province had declined 30 percent.When chinese Yuan is rising,U.S. dollor is droping.It cause many many thing’s price continue rising,oil,food,water….. .China had to spent 70 billion U.S. dollars more to purchase raw materials every years.We must recognize,China is a devlopment contury who are in the middle-trem reform of the industrial.China is still take the point at the low-end of the industrial chain in the world.China need stop appreciation in a short-trem to avoid too many companies closed.
Ps:I had buy back 600030 in Fri.Now have 3% profilt.
Tags:
Leave Your Comments