Monday, November 15, 2010

China Real Estate kidnapped you - bold

 Several years of high prices to the Chinese economy's serious problems, are one by one to emerge. <> In addition to direct buyers to pay increased costs, pushed up the total fixed asset investment in China, making China always in the state of the economy overheated investment,UGG bailey button, the excessive flow of the necessities of social wealth, and the consequent consumption is expected to enable China to further the lack of domestic demand is not balanced. In recent years, China's dependence on foreign trade are the annual 10 % of the rate continued to rise, about 80% in 2005, which attracted many scholars worry - the Chinese economy is very fragile in structure, but on the other hand, the world market, trade protectionism is increasing concentration, which will enable the Chinese economy greatly increased the possibility of misfortune. <> dependence on foreign trade is reflected in the total import and export trade of a country in their gross domestic product (GDP) in the proportion, it reflects a national economy dependent on foreign trade and the extent of participation in international division of labor. From 1980 to 2001, the United States, Japan, Germany, the developed market economies, dependence on foreign trade generally stable at 14% to 20% range. < > But at the same time, imbalance in industrial structure, the first allocation of grave injustice, inadequate social security, economic strategies rely heavily on foreign markets over the alternating effect of other reasons, all the way to increase China's dependence on foreign trade in 2001, due to Housing factors further down the social spending power, China's foreign trade dependence is more abrupt acceleration,UGGs, an annual rate of about 10% jump up. 50% mark a breakthrough year in 2003 to 60.2% in 2004, more than 70% .2005,UGG boots clearance, China's annual imports and exports totaled more than 1.4 trillion, 68 times in 1978 to reach about 1 October 2006, China's import and export value reached 1.42495 trillion U.S. dollars, up 24.1% over year 2005 levels . <> Some scholars said that from the positive side, foreign trade dependence reflects the openness of the Chinese economy, that China's participation in the process of accelerating globalization, China's economy and interdependent world economy has formed a partnership; from the bad side, the domestic market demand is in fact an inevitable choice, that is, high growth in China each year, largely built on the basis of external dependence, the model for a long cover the period of China's economic problems. <>, for example, even in the real estate community around the most controversial, we have not reached a consensus: real estate, Squeeze the strong market for other industries, the result is the overall economy embarked on a path of no return. and there's reason is very simple assumption of total social Cai Fuzhi ----- 100, under normal circumstances we do have 20% to pay housing costs and 30% for savings, 50% for other spending, but now too much occupied housing wealth, integrated value reaches 40% or 45%, since this is a must for consumption, so it must squeeze Consumer pressure for the amount spent in other areas, then society Cai Fuzhi assigned to other industries will be greatly diminished. buyers who have been into the Caifu Zhi sets, he had to change their spending plans and proportion, not buyers people? if he needs to buy a house, but also by the current housing standards have to modify their consumption plans. The family buyers, but also a social consumption of the most productive groups, undermined the purchasing power of this group means that domestic demand is no doubt the market has shrunk significantly bound to encounter. <> As house prices are too deformed,UGG shoes, the shrinking size of the domestic market can be reached appalling levels, with Shanghai as an example, the price agreed by the World Bank and Shanghai than the upper limit of 5:1 disposable income for a period from the formation of purchasing power, the Shanghai housing price should be 4,000 yuan to succeed, but its actual average price is 8000 yuan, 4,000 yuan more than the difference between the two, 2004-meter by 4,000 yuan in 2005, Shanghai sold about 40 million square meters of commercial housing, what does that mean? to say two years, only the Shanghai real estate market is unfair, where from purchasers much away about 160 billion yuan. <>, to such a large amount of crowding out the country adds up to what this number? so I had to use 'shocking' the words to describe the predatory real estate community as a whole, and this will inevitably lead to serious domestic demand in other markets lack healthy with normal affect the economy. disclosed that China's GDP, final consumption, from the 80s of last century more than 62% to 52.1% in 2005, household consumption rate from 48.8% in 1991 to 38.2% in 2005, the two reached historically low levels, 1 September, Shanghai (economy) there has been a significant setback, not only lower than the growth rate of major economic indicators over the same period in 2004, but lower than the national average level over the same period, there has been (Shanghai rare) the . At the same time, Shanghai's industrial growth began to decline significantly, benefits decline, 1 September 2005, Shanghai's industrial growth rate was 12.4%, lower the national growth rate of 3.9 percentage points over the same period. In addition, show Shanghai's economic development level and structure of the reasonable proportion of the tertiary industry, continued to decline in recent years is the Shanghai proportion of tertiary industry in 2002 reached a record high, 51%, accompanied by rising house prices. this proportion began to decline in 2003 was 48.4%, 47.3% in 2004, 2005, to 45.6% lower. this situation, in recent years in other cities with high housing prices in Shenzhen are also similar to the existence of ------- .

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