<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: 日韩精品一区二区三区不卡| 日本熟妇人妻右手影院| 国产最新精品系列第三页| 成全高清在线播放电视剧| 国产精品成人网址在线观看| 亚洲欧洲自拍拍偷午夜色| 伊人色在线视频| 欧美视频专区一二在线观看| 帅男chinesegay飞机| 久久精品不卡一区二区| 久久国产精品一国产精品金尊| 亚成区成线在人线免费99| 四虎库影成人在线播放| 国产精品 无码专区| 丁香五月激情图片| 国产日韩av免费无码一区二区三区| 粗大挺进朋友人妻淑娟| 色偷偷久久一区二区三区| 日韩精品有码中文字幕| 最近亚洲精品中文字幕| 亚洲第三十四九中文字幕| 最新亚洲人成网站在线观看| 四虎永久在线精品免费看| 精品久久久久国产免费| 国产午夜福利精品久久不卡| 亚洲色大成永久WW网站| 国产美女69视频免费观看| 日韩午夜福利视频在线观看| 亚洲av不卡电影在线网址最新| 欧美人与动牲猛交A欧美精品| 日韩乱码人妻无码中文字幕 | 亚洲成人av一区二区| 国产精品成人av电影不卡| 亚洲熟女乱色综合亚洲图片| 日韩有码中文在线观看| 国产精品人成视频免费国产 | 日本黄色不卡视频| 精品无码久久久久久尤物| 亚洲伊人久久综合精品| 精品一区二区三区日韩版| 亚洲熟妇丰满多毛xxxx|