4. 4. China will continueefforts to build out C-9 (the top nine universities in China) in the form ofmore than $1 billion new investments in major campuses. Funds will becommitted to attract top faculty, build state-of-the-art facilities, andrecruit the very best students. China will lock into a global war forintelligence, education, and skill.
5. The upshot is that Chinese trade looks to have been surprisingly strong last month. We expect exports to continue to perform well in the coming months on the back of strong global demand.