亚洲人成网站18禁止中文字幕,国产毛片视频在线看,韩国18禁无码免费网站,国产一级无码视频,偷拍精品视频一区二区三区,国产亚洲成年网址在线观看,国产一区av在线

Home / News Type Content Tools: Save | Print | E-mail | Most Read | Comment
Yuan Appreciation Could Present Risk of Bubble
Adjust font size:

Morgan Stanley's chief Asia economist Andy Xie warned Wednesday that if the yuan is allowed to appreciate under international pressure, China could be caught in a trap of low growth, low interest rates and low inflation but a strong currency. The result could be an economic bubble such as the one seen in Japan, China Radio International reported Wednesday.

Xie pointed out that the macroeconomic situation in China today resembles that of Japan when its currency was pressed to revalue during its period of rapid growth.

At present, at least US$1.2 billion in "hot money" has entered the Chinese mainland and Hong Kong as speculators gamble on a revaluation of the yuan.

The Japanese yen was revalued in 1985, causing domestic companies to move out of the country and invest in Southeast Asian nations.

The low-interest policy that followed created an economic bubble, with excessive investment in stocks and real estate. Japan is still working to recover from the bursting of the bubble in the early 1990s.

(Xinhua News Agency December 2, 2004)

 

Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- WB Official: Calls to Appreciate RMB 'Groundless'
- China Seeks to Ease RMB Revaluation Pressure
- Central Bank Governor on Exchange Rate of RMB
- Renminbi Interest Rate to Remain Unchanged
- RMB Exchange Rate System to Be Improved
- RMB Partly Convertible Under Capital Account
- No RMB Change While Speculation Is Rampant
Most Viewed >>
- World's longest sea-spanning bridge to open
- Yao out for season with stress fracture in left foot
- 141 seriously polluting products blacklisted
- China starts excavation for world's first 3G nuclear plant
- Irresponsible remarks on Hu Jia case opposed 
- 'The China Riddle'
- China, US agree to step up constructive,cooperative relations
- FIT World Congress: translators on track
- Christianity popular in Tang Dynasty
- Factory fire kills 15, injures 3 in Shenzhen

Product Directory
China Search
Country Search
Hot Buys
    1. <ul id="556nl"><kbd id="556nl"><form id="556nl"></form></kbd></ul>
      <thead id="556nl"></thead>

      1. <em id="556nl"><tt id="556nl"></tt></em>
        <ul id="556nl"><kbd id="556nl"><form id="556nl"></form></kbd></ul>

        <ul id="556nl"><small id="556nl"></small></ul>
        1. <thead id="556nl"></thead>

          亚洲人成网站18禁止中文字幕,国产毛片视频在线看,韩国18禁无码免费网站,国产一级无码视频,偷拍精品视频一区二区三区,国产亚洲成年网址在线观看,国产一区av在线 人妻无码久久影视 日韩久久久久久久久久久久 精品国产香蕉伊思人在线 无码国产手机在线a√片无灬 91在线视频无码