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Outlook Best of All Worlds

Outlook Best of All Worlds
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摘要 Close to the end of the third ,quarter, China's economy looks like to working out for the best of all worlds. Economists and bank analysts now agree that at the end of the year the GDP growth rate will reach at least 9 percent, with some even predicting a 9.5 percent growth. As a Chinese entrepreneur, however, you would have some caveats. The price level for raw materials, for instance, has risen and will further rise at a quite steep rate. This year, these price hikes will probably reach between three and four percentage points. Against expectations, profit rates have dropped, not helped by overcapadty in some industiies, tough regulations in various overheating sectors and the low price level of industrial products.
作者 SIGFRIED OLG
出处 《China International Business》 2005年第9期57-59,共3页 中国外经贸(英文版)
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