What mainly argues against a ‘looming global economic crisis’ is the economic situation in the United States and Europe. Despite a slight drop in pace, the US economy seems to be in relatively good shape overall. Admittedly, the structural problems should not be taken too lightly there either. The savings ratio of households has shown a continuous fall over the past few months.
Use of foreign capital saw sustained and rapid growth, with the contracted amount being up 59.1 percent $ billion) and real use of foreign capital being up 53.6 percent $ billion). The consumer price index increased by 0.3 percent. Money supply also increased correspondingly, including broad money, which was up 18 percent from the same period in 2002.