<tt id="6hsgl"><pre id="6hsgl"><pre id="6hsgl"></pre></pre></tt>
          <nav id="6hsgl"><th id="6hsgl"></th></nav>
          国产免费网站看v片元遮挡,一亚洲一区二区中文字幕,波多野结衣一区二区免费视频,天天色综网,久久综合给合久久狠狠狠,男人的天堂av一二三区,午夜福利看片在线观看,亚洲中文字幕在线无码一区二区

          Top Biz News

          'Hot money' blowing bubbles

          By Xin Zhiming (China Daily)
          Updated: 2009-12-30 08:05
          Large Medium Small

          'Hot money' blowing bubbles

          Surging flows may lead to stock market volatility, say economists

          The rising inflow of speculative capital, or "hot money", into China could lead to "asset bubbles", said Fan Gang, member of the central bank's monetary policy committee.

          The latest foreign exchange reserves figures released by the People's Bank of China reveal that inflows increased by about $37.2 billion - the second highest monthly rise this year - to $2.78 trillion by the end of November.

          The $37.2 billion gap, indicating increased inflows, is about $16 billion more than the cumulative figures for the country's trade surplus and foreign direct investment (FDI) in November.

          Economists have warned that the additional $16 billion could well be "hot money" inflows intended to gain from the rising value of the yuan or realty.

          "But such calculations are rough," said Sun Lijian, an economist with Fudan University in Shanghai. He said the calculations omit factors like the inflow of investment returns by Chinese companies or the fact that part of the FDI could be actually "hot money". 'Hot money' blowing bubbles

          The real figure could be much larger than $16 billion in November, he said. Some of the FDI inflows are not used for real economy investments, but rather in the stock or real estate markets, he said.

          "I think there must be some speculative capital that has not been accounted for," said Sun.

          The calculation of "hot money" has always been controversial in China. Last year, a Chinese Academy of Social Sciences scholar said such money could have amounted to 1.75 trillion yuan, triggering hot debates among Chinese economists and officials as to how much "hot money" has actually entered the country.

          But with domestic asset prices rising sharply, economists concur that while there is "hot money", it is difficult to guesstimate the actual quantity.

          The nation's main stock market index, for example, has risen by more than 75 percent compared with November 2008. Prices of many apartments in Beijing have also nearly doubled within a year.

          According to a recent study conducted by the Guangdong provincial academy of social sciences, "hot money" has been flowing into the country since June.

          Related readings:
          'Hot money' blowing bubbles Bubble in housing market will burst
          'Hot money' blowing bubbles Pin the housing bubble
          'Hot money' blowing bubbles Asset bubble, not inflation, greatest danger
          'Hot money' blowing bubbles Property market growth not bubble

          Li Youhuan, a member of the research team, said the inflows have gathered pace since then.

          Many economists have warned in recent weeks that the US Federal Reserve's low-interest policy is encouraging global liquidity to move towards emerging markets.

          Russia said it plans to adjust regulations to limit the inflow of hot money into the country while encouraging long-term investments, according to Prime Minister Vladimir Putin.

          主站蜘蛛池模板: 欧美不卡视频一区发布| 色欲AV成人无码精品无码| 国产乱码精品一区二三区| 老司机精品成人无码AV| 欧美国产综合视频| 四虎永久精品免费视频| 久久大香国产成人av| 国产剧情视频一区二区麻豆 | 久久久久波多野结衣高潮| 国产一区二区三区在线观看免费| 9色国产深夜内射| 成人区精品一区二区不卡| 国产一区在线播放无遮挡 | 久久99国产精一区二区三区! | 国产精品白丝一区二区三区| 乱中年女人伦av三区| 国产精品一二三区久久狼| 蜜桃av多人一区二区三区| 亚洲高潮喷水无码AV电影| 国产精品亚洲一区二区三区喷水| 少妇精品视频一码二码三| 国产中文三级全黄| 蜜桃视频中文在线观看| 午夜精品福利亚洲国产| 国产丝袜啪啪| 国产精品美女一区二区三| 久久精品无码专区东京热| 日韩一区二区三区理伦片| 真人无码作爱免费视频| 亚洲精品一区二区三区蜜臀| 在线观看美女网站大全免费| 98日韩精品人妻一二区| gogogo高清在线播放免费| 国模少妇无码一区二区三区| 在线视频中文字幕二区| 69精品丰满人妻无码视频a片| 天天色综网| 最新亚洲人成无码网站欣赏网| 中文字幕乱码一区二区免费| 一区二区韩国福利网站| 97欧美精品系列一区二区|