Chinese financial tsunami much larger problem than the United States

Would like to point out the current economic crisis on the Sino-US economic relations, first of the crisis and a better understanding of Sino-US relations. (chinesenewsnet.com)

Loose monetary policy in the United States in support of the Chinese since the end of 2002 to the end of 2007 economic growth. Wen came to power after the end of 2002 to take the usual economic growth strategy in return for political loyalty, the relaxation of credit to stimulate investment, production and export growth. The United States monetary policy to stimulate the United States and global demand, which the Chinese can put on the one hand, export of surplus production, on the one hand, the accumulated foreign exchange to buy raw materials to support the continuation of excessive production. (chinesenewsnet.com)

This relationship has formed a circle. China's leaders believe they have found the development of new economic model, it was decided to avoid further market reforms. China's growth benefited from a huge population, severe resource development, for accession to the WTO during the 1990s when the introduction of market reforms. However, from 2003 to 2007 the growth of the United States is derived from "artificial stimulation" and "money illusion." Therefore, the Chinese economy and the workers around the world, investors and government policy-makers, as subject to the same victims of hallucination. The world does not work more diligently, there is no investment more intelligent or made better choices, but give the impression of loose credit so as to make the current credit crunch seems to fool everyone. China has criticized the United States triggered the financial crisis if some are accurate, did not say it is: the United States the same time, greatly supported the Chinese in the pre-tsunami economic growth. (chinesenewsnet.com)

Find out the source of Chinese growth in recent years, Looking to the future, countries such as China's trade surplus in the financial problem faced by the tsunami than the United States and other countries is much larger trade deficit. To put it simply, over-spending consumers in the environment will naturally reduce the bad spending, but it is not necessarily over-savers will increase consumption. U.S. should not trust those beautiful Beijing released economic data, China's success over the past 10 years there is a lot of water mix, and it was difficult to face the future generally belittled. (chinesenewsnet.com)

Sino-US economic relations are not must be changed in order to resolve the crisis. China's economic scale is not sufficient for the United States economy that extent. However, the ideal solution to Eucalyptus must include the further opening up of bilateral trade and investment, so that both sides benefit imbalances will not recur. (chinesenewsnet.com)

Chinese really have to encourage domestic consumption (chinesenewsnet.com)

We are trying to block someone borrow the Sino-US trade and investment imbalances, as well as the liberalization of China's ambiguous attitude to promote protectionism. China to face more severe challenges. The Chinese really need to encourage domestic consumption, rather than "domestic demand" as a pretext, the fact it is to borrow money to invest, the use of resources, production and export. If the Central Government on the medical insurance and pension concerns, with the expansion of the economy to create employment concerned about equal treatment, then the situation will be helpful. This should be the next 10 years, the middle, when the population is slightly relieve the pressure when, as a response to crisis is unlikely. (chinesenewsnet.com)

China faces another challenge is to liberalize the financial system. In order to make the Government and the state-owned enterprises easier access to loans, banks have been strictly the people will be the interest rate down. This is plundering the wealth of depositors to protect local banks have become reluctant to open the capital account of the grounds, resulting in some consumers and enterprise funds have been trapped. This has led to bank lending country, is not required to consider commercial rate of return because of bank loans are almost entirely state-owned enterprises, the formation of huge subsidies in disguise. (chinesenewsnet.com)

Subsidized some enterprises are exporters. Their overseas and earn foreign exchange should not be used to set up a retirement fund or by other means so that Chinese consumers will benefit, because the RMB should not freely convertible. This is another big problem the financial system. Chinese has too many savings, trade surplus and foreign exchange reserves have reached an astronomical figure, but can not spend the money. Therefore, the Chinese on the one hand, increased global trade imbalances, but it did not enjoy the people part of the outcome of the free market. The liberalization of the financial system crisis will not be resolved, but for China, the United States and global economy as a whole. (想指出目前的经济危机对中美经济关系，首先是危机和更好地了解中美关系。 （ chinesenewsnet.com ）

宽松的货币政策在美国的支持，中国自2002年底以来，到2007年底的经济增长。温家宝上台后，在2002年年底前采取通常的经济增长战略，以换取政治上的忠诚，放宽信贷，以刺激投资，生产和出口的增长。美国的货币政策，以刺激美国和全球的需求，而中国可以把一方面，出口顺差的生产，一方面，所积累的外汇购买原材料支持继续过量生产。 （ chinesenewsnet.com ）

这种关系已经形成一个圆圈。中共领导人认为，他们已经找到了发展的新的经济模式，决定，以避免进一步的市场改革。中国的经济增长得益于人口众多，资源严重短缺发展，加入世贸组织时，在90年代引进市场改革。然而， 2003年至二〇 〇七年的增长，美国是从“人工刺激”和“货币错觉。 ”因此，中国经济和世界各地的员工，投资者和政府决策者，为受同样的受害者的幻觉。世界上没有更加努力，就没有投资更聪明或作出更好的选择，但给人的印象宽松的信贷，从而使目前的信贷紧缩似乎欺骗大家。中国批评美国引发的金融危机如果有些是准确的，并没有说这是：美国的同时，极大地支持中国在海啸前的经济增长。 （ chinesenewsnet.com ）

找出来源中增长在最近几年，展望未来，国家，如中国的贸易盈余的财政所面临的问题的海啸比美国和其他国家要大得多的贸易赤字。简单地说，过度消费的消费者在环境中自然会减少不良支出，但它并不一定是过度储蓄将增加消费。美国不应该相信那些美丽的北京公布的经济数据，中国的成功在过去10年中有很多的水混合，它是很难面对未来普遍轻视。 （ chinesenewsnet.com ）

中美经贸关系不是必须改变，以解决这一危机。我国的经济规模是不够的，美国经济的程度。但是，理想的解决方案，以桉树必须包括进一步开放两国贸易和投资，从而使双方受益不平衡问题，将不会重演。 （ chinesenewsnet.com ）

中国真的要鼓励国内消费（ chinesenewsnet.com ）

我们正试图阻止某人借中美贸易和投资的不平衡，以及自由化我国模糊的态度，以促进贸易保护主义。中国面临更加严峻的挑战。在中国真正需要的，以鼓励国内消费，而不是“国内需求”作为借口，但事实是借钱来投资，利用资源，生产和出口。如果中央政府的医疗保险和养老金问题，扩大经济创造就业关注平等待遇，那么情况将是有益的。这应该是在未来10年内，中东，当时的人口压力稍有缓解时，作为应对危机的可能性不大。 （ chinesenewsnet.com ）

我国面临的另一个挑战是自由化的金融体系。为了使政府和国有企业更容易获得贷款，银行已严格人民将利率下降。这是掠夺财富的储户保护本地银行已成为不情愿开放资本帐户的理由，导致一些消费者和企业的资金已被困。这导致了银行贷款的国家，并不需要考虑商业回报率，因为银行贷款几乎完全是国有企业，形成巨额补贴的化身。 （ chinesenewsnet.com ）

补贴一些企业出口。海外和赚取外汇不应被用来设立一个退休基金或通过其他手段，使中国消费者将受益，因为人民币不能自由兑换。这是另一个大问题的金融体系。中国有太多的储蓄，贸易顺差和外汇储备已经达到天文数字，但不能花钱。因此，中国一方面，增加了全球贸易失衡问题，但没有得到人民的一部分成果的自由市场。自由化的金融体系的危机将不会得到解决，但对于中国，美国和全球经济作为一个整体。