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German Perspective—03.02.08

03/02/2009

What happened this week: As far as business was concerned, the past week could easily be skipped over. In the end, it demonstrated how heavily much of the trade continues to depend on greater China. Because of the New Year celebrations in China and in some other parts of Asia, the activity from that part of the world was very limited and, considering that the Chinese community is also deeply integrated in other countries in south-east Asia, the impact of the holiday was noticed almost everywhere.

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