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China hike interest rate...finally..don't worry
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happyday
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18-May-2007 23:48
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The long anticipated interest rate was finally raised and this is good news as mkt hates uncertainty.Invariably when FED raises interest rate,wall strees soars..how many times we have witnessed that.It"s good the Chinese raise rates to cool the overheated economy rather than create a bubble economy... :P |
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