Events: British media to persuade China not to repeat mistakes of the Japanese economy out of the United Sta
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British media to persuade China not to repeat mistakes of the Japanese economy out of the United States to avoid the trap (Figure) World Wide Web
China's property market will be repeating the mistakes of Japan
Reuters recently reported that in 2010 China surpassed Japan to become the world's second largest economy, but China should rise and fall of the Japanese economy from a lesson. China is now faced with some "strange phenomenon", while China's economists are looking to get into Japan to find a solution to the problem of "inspiration."
Reuters reported that on January 4, China "to refrain from" falling into the year _set_ by the United States as Japan's "money trap", while China needs a sharp appreciation of the renminbi against the U.S. pressure.
Reported that the late 80s in the 20th century, Japan should request the United States were sharply against the yen appreciation, as_set_ prices rose sharply. But when the Japanese economic bubble burst in 1990, the Japanese economy into stagnation for 20 years, has not been able to achieve real economic recovery. The report also said China's economic researchers in addition to the economic situation in Japan during the study, also retrospective study of the Japanese people in the Ikeda Cabinet Yong period of "national income doubling plan." China Development Research Foundation also invited professor at the University of Tokyo to speak on this topic.
Reported that China's current stage of development and the situation was similar in Japan, Ikeda brave man at that time to increase spending by cutting taxes and increase welfare, improve farm prices and reduce income inequality. China also needs to do so.
From the exchange perspective, China's current situation and the situation in Japan had "exactly the same": credit, investment and real estate prices rose sharply. However, the International Monetary Fund officials Ndiaye expressed optimism that China could achieve the above question of "balance", but also will do better than Japan.
Reported that, if China really wants to learn from Japan's economic benefit from the Department, care should be cautious attitude. The report also recommends, in addition to Japan, "National Income Doubling Plan", China can be more discussions to learn what kind of benefits from South Korea. |
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