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Chinas Economics

Date Submitted: 06/03/2004 22:07:35
Length: 20 pages (5388 words)
Views: 5342

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…Government Investment Exports of Goods and Services (2) 18.20 8.00 31.90 22.90 1.50 20.90 0.50 Imports of Goods and Services (3) 26.30 29.00 11.20 14.20 5.10 2.50 -1.50 Fiscal and External Balances (% of GDP) Budget Balance -0.97 -0.85 -1.23 -1.00 -0.78 -0.78 -1.50 Merchandise Trade Balance (f.o.b.) 0.87 -2.03 0.99 2.41 1.51 4.46 5.48 Current Account Balance 1.33 -1.98 1.42 0.23 0.89 3.29 3.03 Capital Account balance -0.05 3.91 4.68 4.74 4.89 2.54 0.00 Economic Indicators (% change from previous year, except as noted) GDP Deflator 7.90 14.60 19.50 13.10 6.10 1.50 -1.30 CPI 6.40 14.70 24.10 17.10 8.30 2.80 -0.80 M2 31.30 32.40 34.50 29.50 25.30 19.58 15.30 Short-term Interest rate (%) 8.10 8.80 9.00 9.00 9.72 7.65 6.34 Exchange Rate (Local Currency/US$) (4) 5.50 5.76 8.62 8.35 8.31 8.28 8.28 Unemployment Rate (%) 2.30 2.60 2.80 2.90 3.00 3.10 3.10 Population (millions) 1172.0 1185.0 1199.0 1211.0 1224.0 1236.0 1248.1 Source: APEC Members Economy Report

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