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	<title>China Financial Markets &#187; NPC</title>
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	<description>Michael Pettis&#039; finance blog...</description>
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		<title>How will an RMB revaluation affect China, the US, and the world?</title>
		<link>http://www.mpettis.com/2010/03/17/how-will-an-rmb-revaluation-affect-china-the-us-and-the-world/</link>
		<comments>http://www.mpettis.com/2010/03/17/how-will-an-rmb-revaluation-affect-china-the-us-and-the-world/#comments</comments>
		<pubDate>Wed, 17 Mar 2010 08:11:12 +0000</pubDate>
		<dc:creator>Michael</dc:creator>
				<category><![CDATA[Balance sheets]]></category>
		<category><![CDATA[Consumption and production]]></category>
		<category><![CDATA[Exports and imports]]></category>
		<category><![CDATA[Trade protection]]></category>
		<category><![CDATA[Krugman]]></category>
		<category><![CDATA[NPC]]></category>

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		<description><![CDATA[The Chinese new year has only just started, and already trade tensions are ratcheting up. This is perhaps appropriate &#8212; astrologers tell us that the year of the Tiger is often a year of instability and conflict &#8212; and I suspect things will almost certainly get worse. The timing of various domestic political events in [...]]]></description>
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		<slash:comments>139</slash:comments>
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		<title>No, I was not disappointed by Premier Wen’s speech</title>
		<link>http://www.mpettis.com/2009/03/05/no-i-was-not-disappointed-by-premier-wens-speech/</link>
		<comments>http://www.mpettis.com/2009/03/05/no-i-was-not-disappointed-by-premier-wens-speech/#comments</comments>
		<pubDate>Thu, 05 Mar 2009 11:12:35 +0000</pubDate>
		<dc:creator>Michael</dc:creator>
				<category><![CDATA[Economic growth]]></category>
		<category><![CDATA[Labor and unemployment]]></category>
		<category><![CDATA[NPC]]></category>

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		<description><![CDATA[Strangely enough I think I am among the least disappointed people about Premier Wen’s speech this morning during the opening of the National People&#8217;s Congress. Like most people I think there was very little of substance in the speech except the usual statements about boosting consumption, maintaining growth, and promoting social welfare – all easier [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>The NPC meets, and Krugman refers to the savings glut</title>
		<link>http://www.mpettis.com/2009/03/03/the-npc-meets-and-krugman-refers-to-the-savings-glut/</link>
		<comments>http://www.mpettis.com/2009/03/03/the-npc-meets-and-krugman-refers-to-the-savings-glut/#comments</comments>
		<pubDate>Tue, 03 Mar 2009 13:28:24 +0000</pubDate>
		<dc:creator>Michael</dc:creator>
				<category><![CDATA[Economic growth]]></category>
		<category><![CDATA[Policy]]></category>
		<category><![CDATA[Savings glut]]></category>
		<category><![CDATA[Trade protection]]></category>
		<category><![CDATA[Krugman]]></category>
		<category><![CDATA[NPC]]></category>

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		<description><![CDATA[With the tense start of China’s parliamentary season this afternoon – and with the National People’s Congress meeting Thursday – there isn’t much incentive to try to figure anything new out in China since we are likely to be given a lot more information and proposals over the next few days. What are the major [...]]]></description>
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