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China will become a main investment...........>

CHINA
CHINA: China will become a main investment destination as the global economy
enters a new growth cycle, Wang Yu, vice director of the research bureau of the
People' s Bank of China, said Friday at a financial forum in Hangzhou. Over the
next two years, the U.S. Federal Reserve is expected to increase interest rates
twice or three times each year, so as of the end of 2019, the benchmark interest
rate of the Fed could reach as high as 3%, Wang noted. As a result, Wang
predicted, the U. S dollar index will continue to rise while commodity prices
will linger at a relatively low level.

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