Thank you Premier Wen

 

 

Premier Wen, when he was in Davos, said that China’s goal was to grow the economy by 8% this year. He then outlined the plan that the Chinese government was going to implement.

 

One of the results has been that Australia has had a trade surplus of AU$ 5.1 Billion for the 1st quarter of 2009. We may even have small growth in the economy. My personal sentiment is that we will have growth in 2009.

We are still running a current account deficit, so life is not perfect and this also means that we are more in to an orbit around the Chinese economy.

From the Courier Mail.

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