Part II: Forecast for H2

摘要

Lead consumption down on slowing growth of economy In the second half this year, changes in economic growth in the "three consuming regions" will directly affect lead consumption. First in Euro region, the economy will remain sluggish, second, due to many factors: USA might see a pullback in economic growth. Although in HI, American economy continued to increase soundly, but the sustained rising interest constrains investment and consumption and there is no big potential for further increase in personal consumption. In H2, negative impact will emerge on American economy from the sustained high red in account and soaring oil prices. Last but not least regarding China, Chinese GDP grew by 9.5 percent in HI, far higher than the target 8 percent set at the starting this year by the government. Zhou Xiaochuan, governor of the People's Bank of China, expressed that Chinese GDP will keep to rise by above 9 percent this year, he also pointed out that regulatory and administrative departments have to consider to take actions to control investment while stimulate domestic demand.