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日本股市见顶20周年 中国引以为戒(The Japanese stock market peaked 20th anniversary China warning)
日本股市见顶20周年 中国引以为戒(The Japanese stock market peaked 20th anniversary China warning)
The Japanese stock market peaked 20th anniversary.Txt for a Chinese warning line, will estrus of two people, will have a passion three of us are walking together, there will be. It is not cherish. Real girls are not perfect, perfect girl is not true. The calm, not indifferent, naturally, contend for the inevitable. Japans stock market this week ushered in the peak of 20th anniversary anniversary, an expert on Japans bubble problem, Chinese seems to have been from the Japan stock market peaked after the economic downturn have learned important lessons.
Nomura Research Institute (Nomura Institute of Research) Gu Zhaoming (Richard Koo) said that the China decision makers to take all measures to support the economy in the global balance of the contraction period, their performance deserves high marks.
Gu Zhaoming noted that the government release China giant stimulus spending and provide a large number of new lending by state-owned banks decision.
Gu Zhaoming said in an interview with MarketWatch, China leaders realized that if you take the appropriate fiscal stimulus from the beginning, and in a period of adjustment in the stick to it, then it is possible to avoid the collapse of the gross domestic product (GDP), even in the case of the bubble burst.
Gu Zhaoming said, China initiatives and the last century, Japan in 90s in stark contrast, the Japanese government in the private sector have to lift the lever under the condition of no increase in spending. Gu Zhaoming written in 2008 published the Holy Grail of Macro Economics: lessons from Japans great recession (The Holy Grail of Macro Economics: Lessons from Japans Great Recession).
In the worlds major economies, Chinese decision makers to deal with the global financial crisis measures is the most daring. China launched at the end of last year to 4 trillion yuan ($585 billion) two-year economic stimulus plan, the scale is equivalent to C
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