<P><FONT face=黑体 size=6><STRONG>花旗：未来一周亚太地区重大财经动态前瞻 </STRONG></FONT></P>
<P><FONT size=5>The Week Ahead Asia Edition April 4, 2007</FONT></P>
<P><FONT face=黑体 size=6><STRONG>04.04 15页</STRONG></FONT></P>
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<P>Highlights<BR>&#1048708; China. We expect the Chinese government may introduce more policy measures<BR>to shrink trade surplus, but it will take a while to set in (p. 2).<BR>&#1048708; India. Similar to trends in recent months, we expect industrial production<BR>growth to remain in the double-digit range (p. 3).<BR>&#1048708; Korea. Steady job growth likely to continue (p. 3).<BR>&#1048708; Malaysia. The export number suggests a further consolidation of the industrial<BR>production trend (p. 4).<BR>&#1048708; Philippines. Export growth in February may correct to 12% yoy, following<BR>slower electronic exports (p. 4).<BR>&#1048708; Singapore. 1Q07 GDP flash estimate will likely come in at about 6%, as<BR>manufacturing holds up despite tech slump (p. 5).<BR>&#1048708; Taiwan. Exports likely continued to decelerate in March on weak tech demand,<BR>while imports likely bounced back on rising energy imports (p. 5).<BR>Data Calendar<BR>Date Day Local Time Country Indicator For Citi Fcst<BR>Mkt<BR>Fcst Prev.<BR>9-Apr Mon 12:01 PM Malaysia Industrial Output (% YoY) Feb 4.0 3.6 2.3<BR>9-Apr Mon 4:00 PM Taiwan Exports (% YoY) Mar 2.2 10.2 -3.6<BR>9-Apr Mon 4:00 PM Taiwan Imports (% YoY) Mar 5.6 9.2 -21.1<BR>9-Apr Mon 4:00 PM Taiwan Trade Balance (US$ bn) Mar 1.0 — 2.2<BR>11-Apr Wed 12:30 PM Korea Unemployment Rate (% SA) Mar 3.3 — 3.2<BR>11-Apr Wed 9:00 AM Philippines Exports (US$, % YoY) Feb 12.0 10.3 27.3<BR>12-Apr Thu 3:00 PM India Industrial Production (% YoY) Feb 11.3 11.3 10.9<BR>10-13 Apr Singapore Advanced Real GDP (% YoY) 1Q07 6.0 5.4 6.6<BR>10-13 Apr Singapore Advanced Real GDP (% QoQ 1Q07 6.7 — 5.6<BR>9-12 Apr China Exports (US$ % YoY) Mar 31.0 25.3 51.7<BR>9-12 Apr China Imports (US$ % YoY) Mar 14.8 15.6 13.1<BR>9-12 Apr China Trade Balance (US$ bn) Mar 25.5 20.0 23.8<BR>9-16 Apr China M2 (% yoy) Mar 17.4 17.0 17.8</P>