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Westpac notes that "as was evident in the.....>

CHINA
CHINA: Westpac notes that "as was evident in the June quarter national accounts,
China's economy is increasingly coming to depend on the consumer for its
marginal momentum. The catch however is that, for robust spending to be
sustained, income growth has to be promoted. To do so, authorities' focus must
remain on the industrial sector, specifically the formation and development of
new industry which offers long-term growth opportunities. Related to this is the
building of stronger trade and financial linkages with the world - with or
without the U.S.' involvement."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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