We predict that the Indonesian economy will grow in the range of 5.0%-6.0% while shifting to healthier balance in sources of growth. The year 2005 will be the year of infrastructure.
China’s major trading partners are the United States, the Euro land, Japan, Korea, etc., and naturally, US dollar, euro, Japanese yen and Korean won become major currencies of the basket. In addition, China also trades significantly with Singapore, UK, Malaysia, Russia, Australia, Thailand, and Canada, currencies of these countries are also important in determining China’s RMB exchange rate.