China's Wen vows inflation focus in chat - WSJ WSJ reports in a broad-ranging chat with netizens in China Saturday, Chinese Premier Wen Jiabao reaffirmed Beijing's monetary policy stance and told the U.S. he didn't want this year to become a turbulent one in key bilateral ties. Wen's comments come a week before the annual session of the National People's Congress, China's parliament, where—on March 5—Wen will deliver the Government Work Report, which will lay out Beijing's economic blueprint for 2010, including economic growth targets... His remarks are likely a preview of the tone of the report... Wen said that 2010 will be a "complex" year for the domestic economy, but that he was confident about China's economic development. He said managing inflationary expectations is a key task this year in consolidating the recovery of the domestic economy. "Currently we are still carrying out a moderately loose monetary policy. That is to say 'moderately loose' is on the one hand ensuring a stable and relative fast economic development, and on the other hand being able to manage inflationary expectations," said Wen during the two-hour online discussion that elicited more than 60,000 questions.
Bigelam, your estimate put's the share price at $18.50 roughly. Isn't it possible that the last information regarding RINOs future could easily propel those #s, if in fact China mandate is still in effcet? Are you daying RINOS competetors are going to take majority market share and RINO falls off the planet? RINO is more than one dimentional and can be called on for any of it's patended technoligies, compare that with it's peers will you. Yes times are difficult for China but wastewater treatment alone is paramount in this country. Can you tell me that China's just going to stop dead, no more industry, no export, shut the country down, oh and shut growth off this year, cause that's what your saying. Last time I checked almost everything I buy still says Made in China.