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With autos as in many other industries, China has learned the perils of over-regulation. Tough measures designed to help deal with economic overheating in 2004 saw car sales growth slip into the single digits for the next year or so. Beijing has no desire to repeat this setback. SHANGHAI shares inched up today, led by gold stocks, after the Japanese central bank joined the US Federal Reserve to buy assets in a bid to spur the country's flagging economy. The benchmark Shanghai Composite Index gained 0.4 percent,www.fashions2014.com, or 8.29 points, to 2,067.83 points. Turnover was 43.6 billion yuan (US$6.9 billion) at the trading close.
The US economy may see some improvement in 2014,Authentic Jordans for Sale, Tsang said. Nevertheless, there is still uncertainty over the Federal Reserve Board s exit strategy and interest rate policy. Possible market fluctuations and the risk of reversal of capital flows will cast shadows over global economic growth this year. The computer maker said PC sales remained weak in its fiscal second quarter, and it forecast a disappointing third quarter and lowered its full-year profit forecast. Its stock slid 66 cents to US$11.68. - Williams-Sonoma jumped close 12 percent after the kitchen and home store chain reported a 10 percent jump in profit.
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