Low interest rates and rising asset prices will spark a capex, consumer, and credit cycle which should persist even after global growth slows in 2H04.

• 低利率和资产价格的上升将会刺激亚洲地区形成资本投资、消费和放贷的循环，这一循环将确保亚洲在2004年第二季度全球经济成长减缓的情况下继续保持增长势头。