US-China economic pessimism Journal of rendering

Manufacturing jobs are leaving China to return the United States. But many investors are betting that this is just a small problem in China, more trouble still to come. Close attention to the US-China relations, according to the development of Roddy Graham Consulting Group partner Dan Luosen said: monster tour"The market and foreign academics have become more pessimistic." Pessimistic recently more and more people. Billionaire (also translated Soros) said this month that China may be in a small bubble into. Hong Kong's securities regulators outgoing call "the new Internet bubble." Outspoken economist Nouriel Roubini of the following recently reiterated his view: the Chinese government after 2013 will be unable to prevent trouble from the bad real estate projects monster beats tourand investment in fixed assets caused by the economic downturn . Majority view is derived from the following argument, that China's economy is growing at a rate of 9%, the Chinese government probably can not control inflation, but inflation will seriously affect economic growth. At the same time, commercial buildings and residential buildings oversupply will drag the state-owned banks in a number of years and eventually lead to deflation. In addition, the Chinese government has conducted a bad investment in fixed assets. Roubini's main point is that the Chinese Beats by dre tour Communist Party leaders on the issue of funding has been irresponsible attitude. He pointed out that when the Chinese net exports in the 2008-2009 global economic decline during the recession, the government take action to fixed asset investment in GDP rose from 42% to 47%. This is enough to let the Chinese economy to avoid a severe recession, but Roubini believes that the explosive has been used for capital expenditure can not be a useful project. He visited China and found that the new airport and high-speed trains rarely deserted, and even appeared in a ghost town, the highway leading to where I do not know. Commercial real estate projects and luxury residential buildings surplus vehicle production oversupply. Roubini said that the short term, this situation will lead to inflation --- too much money chasing studio headphonesfew good projects. Ultimately, however, excess capacity will have deflationary pressure, general manufacturing and real estate industry from the start. Roubini over the late 1990s Asian financial crisis, for example, shows a country over-investment and low consumption, what will happen. To avoid the so-called hard landing after 2013, Roubini believes that China needs to save less, reducing investment in fixed assets, reducing net exports to GDP ratio, boost domestic consumption. He said: "The trouble is caused by consumption of the Chinese people to save more because of less structural. 20 years of reform need to change this tendency to over-investment." Most economists still predict the second quarter monster beats studioof this year China's GDP growth rate of 9% annual economic growth rate of 9%. Some Wall Street veteran, said gamblers will lose on betting on China, and this view has almost become a mainstream view. Now that the Chinese Communist Party to prove who is right.
Par Janet0617 le mardi 05 juillet 2011

Commentaires

Il n'y a aucun commentaire sur cet article.

Recherche sur NoxBlog

Connexion à NoxBlog.com

Nom d'utilisateur
Mot de passe
Toujours connecté
 

Inscription sur NoxBlog


Adresse du blog
.noxblog.com

Mot de passe

Confirmation

Adresse email valide

Code de sécurité anti-spam

Code anti-bot

J'accepte les conditions d'utilisation de NoxBlog.com