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Tuesday, March 6, 2012

''Slowdown in Chinese and Japanese economies opens a new front in the '‘currency wars’'

"Today has opened with news from the Far East and in particular from China where the 11th National People's Congress has opened. The mainstream media seems to have fixated itself on the speech by Prime Minister Wen Jiabao who set an economic  growth target of 7.5% in China in 2012 as well as consumer price inflation target of 4%. However anybody who follows China's economy will have already been aware that a reduction in growth was on the cards."


from mindful money...

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