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By gaogongde


Company of an asset bubble inflation sweeping global asset prices to attract "eyeballs"

 Some experts say that when China's economic growth rate of over 9% -10%, the domestic capital goods prices will rise very quickly.  GDP this year, Paul 8 No problem, next year's GDP growth may be between 8% -9%, but so far still can not see next year's GDP growth will reach 10% of the possible, so the sharp rise in prices of capital goods is not realistic.
 Since the end of the outbreak of the global financial crisis has lasted for more than a year, the current global economy is there to pick up, become the focus of the parties to the dispute.

  In the first half, China's new loans, the amount of release 7.4 trillion days, creating an unprecedented environment for easy credit.  The continued weakness in external demand, domestic loose monetary policy and the requirements of economic restructuring and the banking system, infrastructure and real estate have been abducted will jointly spawned the formation of asset bubbles and asset bubbles will depend on changes in supply and demand of specific assets and policy control.

 Some experts say that when China's economic growth rate of over 9% -10%, the domestic capital goods prices will rise very quickly.  GDP this year, Paul 8 No problem, next year's GDP growth may be between 8% -9%, but so far still can not see next year's GDP growth will reach 10% of the possible, so the sharp rise in prices of capital goods is not realistic.

Li Yining: China's inflation does not exist

Honorary president of Peking University Guanghua School of Management, Li Yining believes that the current inflation in China does not yet exist, the greatest impact on the oil market of the U.S. economy is still slow recovery, in the process of oil prices may rise slightly, but not in the short term to restore 130-140 last year, USD / barrel level.  Agriculture is basically achieved good harvests, farm prices relatively stable, but the cyclical characteristics of agricultural commodity prices significantly, even if the price increases, but also the increase of recovery.

 Tang Shuangning: Positioning long-term goals of economic growth

 China Everbright Group chairman Tang Shuangning also said that should be 8% -9% of the long-term goal of China's economic growth.  In the long run, China's economic growth rate can not be less than 8%, but not more than 9%, or they will bring about structural problems, economic development, insufficient capacity for a range of issues such as future inflation.

 Lou Jiwei: asset prices away from the real economy

 Lou Jiwei, chairman of the cast today in "The Third Tsinghua management of the global forum", said the current asset price inflation to a certain extent out of the actual situation in the real economy, there has been a small bubble, while the financial system, the hematopoietic function remains have not recovered.

 Most of the current Wall Street's profit comes from trading income, has nothing to do with lending, credit markets have remained depressed, asset securitization and leveraged finance market is still at a standstill, the hematopoietic function of the financial system is still not recovered.

 The current asset price inflation to a certain extent out of the actual situation of the real economy, there has been a small bubble, capital markets pick up, allowing financial institutions to increase in income and capital impairment of the drastic reduction of the pressure to deal with problem assets sufficient motive force for this kind of thing, in the political and commercial dimensions have lost momentum.

 Inflation and asset price inflation motivation

 。 97-98 in Southeast Asia after the financial crisis, China stepped up construction of infrastructure, by starting the investment to stimulate economic growth, the world's processing industry gradually shift to China, foreign dependence on constantly increasing, the trade surplus and FDI increased significantly.  As the funds are mostly converted into investment, investment and export growth will bring about the accumulation of wealth, when the accumulation of wealth to achieve a certain level, the formation of a purchasing power increase, the investment goods, driven necessities rising investment and consumption jointly promote the CPI, inflation will arise , and the more the accumulation of wealth to form a higher level of inflation.

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