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Chinese economy gets ‘green light’

by Tony Sagami on July 31, 2008

The National Bureau of Statistics of China (NBSC) said its macroeconomic early-warning index was 114.9, a ‘green light’ zone of economic prosperity.

The NBSC has five classifications for the economy in the macroeconomic early-warning index. With 100 as the ideal level, “red light” signifies the economy is overheated, “yellow” – somewhat hot, “green” – normal, “light blue” – somewhat cold, “blue” – too cold.

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