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中国应对国际金融危机政策与措施
The Policy and Countermeasure against International Finical Crisis in China
其他回答
China policies and efforts in dealing with international financial crisis
其他类似问题
问题1:求助英文的关于各国针对经济危机采取的措施是一个国家的,还是几个国家的都行,不过要英文的[英语科目]
智利的
Chile plans to take measures against world financial crisis
SANTIAGO,Oct.10 (Xinhua) -- Chilean government announced Friday that it had decided to take a package of measures to minimize the effects of the international financial crisis.
The announcement was made after Chilean Economy Minister Hugo Lavados met with representatives from six sectors of the Production and Commerce Confederation (CPC).
Lavados said that they would continue to take measures to increase market liquidity following the Central Bank of Chile (BCCh)'s efforts to keep the interest rate at 8.25 percent.
"The measures must come out of an analysis process,a diagnostic of what is going on.They must be oriented where the real issues are," Lavados said.
The proposals will be ready next week,Lavados said.
According to the minister,currently there is not a crisis in Chile,but "a complicated situation regarding the financial system."
Meanwhile,the Superintendence of Banks admitted that the world financial crisis "has had some consequences in the working of the national financial system."
However,it said that the banks have enough liquidity on local and foreign currency and have been benefited from the measures taken by the Treasury Ministry and the BCCh.
The BCCh has announced in two occasions foreign exchange swaps for near 418 million U.S.dollars to deepen the liquidity of local banks on dollars.
问题2:收集中国政府对待金融危机的措施!要英文的哦[英语科目]
On 27 September 2008, Premier Wen claimed in the World Economic Forum in Tianjin that "the biggest contribution we can make to the world economy under the current circumstances is to maintain China's strong, stable and relatively fast growth, and avoid big fluctuations." In our view, during this worst credit crunch in decades, China could and might make contributions in another two fronts:
-- Mirroring China’s promise not to devalue RMB in 1998, China will likely to promise (implicitly) not to dump USD-denominated financial assets by its central bank, which holds about US$1.0tn in US Treasuries and agency bonds (see Fannie, Freddie, and China’s SAFE; 25 July 2008).
-- Learning from the lessons of the US property and financial sectors, China will excise enough due diligence to avoid a real estate-related financial crisis on its own land. Actually, on 29 September 2008 when Premier Wen was interviewed by CNN, he said global leaders should cooperate to deal with the current global crisis.
A sweeping change of policy stance in the making
We will likely see a sea change of mentality among top policy makers in Beijing soon. Policies will be geared up to stimulate economy while minimizing those financial and economic impacts of an imminent real estate bust. With a good harvest and falling prices of almost all major commodities, inflation is not a big worry for the moment.
-- On the fiscal side, we expect (1) Tax cuts, especially the US$150bn VAT cut (by allowing deduction of capital goods) which will almost surely be passed and enacted from the beginning of next year; (2) Fiscal spending plan with an emphasis on infrastructure and economy housing; (3) Accelerating the post-earthquake reconstruction plan which has a budget of RMB1.0tn over a three-year horizon. Beijing may learn from the experience in 1998 by issuing long-term special bonds to bolster this fiscal spending on construction.
-- On the monetary side, the government will continue to be cautious in loosening credit to the property sector, but we expect regulators to ease some controls, especially those on second mortgage. For the manufacturing sector, credit will likely be noticeably eased. Reserve requirement ratio could be cut if trade surplus contracts in future months as export growth slows down. Interest rates will likely be reduced further to reduce costs of the corporate sector and to shore up the property sector.
-- On the regulation side, financial regulation will be strengthened to ensure the health of the financial sector. Having observed the devastating effects of the subprime crisis, leaders in Beijing could excise extra caution in developing its capital markets. The traditional banking sector will be closely monitored to control NPLs as a result of falling property prices. If falling housing pose a real danger to the health of banking sector, the government will undoubtedly step in to intervene.
Actions on the international front
A decade ago China was applauded by not devaluing its currency. This time around, China's central bank will surely be appreciated by not selling off US Treasuries and agency bonds. In an effort to show the willingness to cooperate with other major economies, China will likely maintain its holdings of US Treasuries and agency bonds and may even add US Treasuries.
On currency, China is unlikely to devalue RMB on a trade weighted basis despite a fall in export growth. However, in support of the export sector, China may not allow its currency to appreciate rapidly, especially against USD. A stable RMB versus USD (to a lesser extent, on a trade-weighted basis) is what we expect.
Can Premier Wen deliver?
Most likely, yes. Given the 11.9% growth in 2007 and 10.4% in 1H08, a "stable" growth perhaps means a growth pace above 9.0%, at least not below 8.0%. In the market, pessimism is understandably rampant as the Chinese economy is squeezed by the weakness of the global economy and an imminent bust of a real estate bubble, but we think some pessimism is overdone. You may refer to our earlier reports for our views on growth (See China--The case for boredom, 12 September 2008); here we just summarize our views:
-- We believe China is able to achieve GDP growth above 9% for three reasons:
(1) the real estate cycle now replaces exports as the biggest drag on China's growth, but real estate is domestic demand; (2) About 90% of China’s GDP is domestic demand; (3) Overall fiscal status is in a good shape, public debt is only about 20% of annual GDP. We believe the government has the capacity to shore up growth in the short term by easing policies and by initiating programs for fiscal spending.
-- We should avoid extrapolating the future from 3Q08 data, which is especially hit by the Olympics. Never underestimate China's determination to clean Beijing's air during the Olympics in August and September. We expect growth in 3Q08 to drop to around 9.0% from 10.1% in 2Q08.
-- We expect a rebound of growth in 4Q08, though we admit that there is downside risk in this extremely uncertain world. Investment needs to stabilize, and policy needs to respond rapidly if the outlook worsens or growth fails to rebound in 4Q08. The next 3-5 months of data are critical to determining the direction of the Chinese economy.
问题3:英语翻译英文怎么说这句话:“企业如何面对金融危机”?最好有多个问法.[英语科目]
How do the enterprises deal with the finacial crisis?
不好意思,我就会这一种
问题4:中国如何应对金融危机 英语翻译[英语科目]
How to cope with the financial crisis in China
问题5:英文的法国政要对经济危机的最新看法与应对政策rt,要英文的 法国政要对经济危机的最新看法与应对政策
The latest view and coping policy of French political VIP
BS问了问题不给分的 555
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