Economic slowdown is not terrible _1997

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Economic slowdown is not terrible

Almost will continue. The good news is: Unlike the U.S., despite China's consumers are still Chibidaigou, but the Chinese demand for better housing conditions are still strong. The question is, how long the adjustment of the market and lower prices for the hundreds of steel, home appliances and car manufacturers mean. (Author: 乔治韦尔弗 trapped Heights) economic slowdown, not horrible 【France European Times, economic growth in the third quarter - a figure not less than one quarter of 10.6% and 10.1% in the second quarter, even more than widely expected even lower 9.5%, slowing down was evident. The official data also showed the first three quarters of this year, China's economic growth rate of 9.9% over the same period last year, down 2.3 percentage points, also the first time since 2004, less than 1O% level. Years ago, the Chinese community on how to prevent the economy from overheating still fierce arguments in front of the scene, a cold and heat, the Chinese have to face how to prevent the acceleration of economic downturn. The GDP inflection point presentation, so long accustomed to the economic growth of over 10% people on the China's economic growth callback, as it said that So not much impact on China, one important reason is that the virtual economy of China's economic structure,[link widoczny dla zalogowanych], relatively low, therefore, still can not produce the But then,[link widoczny dla zalogowanych], when the crisis began to turn the real economy, the Chinese test may really come. Official data confirm this: the first three quarters of this year, China's export growth rate last year dropped by 4.8 percentage points, the trade surplus decreased by 47 million; of net exports to economic growth fell to 1.2 percentage points. The main European and U.S. markets to face the Pearl River Delta and Jiangsu and Zhejiang provinces in the toy industry, the textile industry such as a foreign policy analysis,[link widoczny dla zalogowanych], Economic Review, 13, horror films depression, it seems that the global financial turmoil has spread to the trend of the real economy - which Chinese officials recently adopted measures to promote more active fiscal and monetary policies to maintain stable economic growth. In fact, the need for high-level warning that Beijing, even if the first three quarters of economic growth only 9.9%, which is definitely not a low value even if the consumer price index and producer price index growth rate gradually declined, distress inflation in the Chinese society has not completely gone. When the new round of crisis once again set off in the world reasonable adjustment of economic structure; it is necessary to maintain the openness of China's economic and financial, but also to maintain relative independence. For China,[link widoczny dla zalogowanych], face the changed situation, and tap the potential of sustained economic growth, as in the past 30 years still need it, keep a clear mind, and constantly push forward reform and opening up. 【China needs to transform the economic structure, The Economist, For the global economy, the most worrying is the letter cargo crisis paralyzing the global financial system, making the dollar base currency collapse. China has about 2 trillion U.S. dollars of foreign exchange reserves, said half of them U.S. dollar assets. Once the dollar plummeted, making a significant appreciation of the RMB,[link widoczny dla zalogowanych], it is possible for China a serious impact on the real economy. Trade surplus expanded behind 'China's economic growth not only exceeded its capacity, and is exaggerated. Since 2004, China's trade surplus expanded rapidly to become United States and Europe to revalue its currency on the grounds. The question is whether it reflects the expansion of trade surplus of China's economic strength, is not so. Before 2004, China's trade surplus remained at 2OO 100 million to 30 billion U.S. dollars level, but in just three or four years time, to improve quickly, the export competitiveness of Chinese enterprises is not so explosive growth. China's recent explosive expansion of trade surplus and foreign investors The hot money focused on the benefits earned appreciation of the renminbi. China's domestic manufacturing and export trading companies and other enterprises to the government to declare the I: 3, there are both false and so on. On the other hand, China's economic structure is also problematic. In order to create employment opportunities, so that GDP growth in China's Overseas Economic Review l4