China's economic development has saved South Korea's exports to China and made Korea's economy sound

Source: Internet
Author: User
Keywords Media Chinese government
Tags behavior change course development economic economic development economic growth economy
Foreign media focus on China's first half of the economic development, positive results also suggested that "there is a relaxation" author: Mr Rudd's decision in response to the Rio Tinto case openly raise the tone, this behavior is difficult to understand, but also very dangerous. People may have no idea what he's up to. This is more likely to provoke China further, rather than to induce China to change its course in this case ... Mr Rudd's words are more of a domestic story. --The Australian newspaper commented on Rio Tinto's case that China's $2 trillion trillion in foreign exchange reserves revived the US bailout plan, and that China's foreign exchange reserves are growing again, helping Mr Obama to sell an unprecedented amount of debt to help the U.S. economy out of recession. -U.S. media commented on the growth of China's foreign exchange reserves July 16, China's National Bureau of Statistics announced the first half of GDP growth of 7.1%. As the global economy remains depressed by the financial crisis, the positive news from China's economy has immediately stimulated global nerves.  As a result, China's economic growth in the first half of the year has also become the focus of last week's international media China report. "The Chinese economy ' guarantees the eight ' realization hopeful" the British "economist" to the Chinese government stimulates the economy the result to affirm.  China's economic stimulus has proved to be very effective, according to the report, which has attracted the envy of the world, especially those still struggling in the crisis. The Guardian wrote that "with the implementation of a massive stimulus package, China's accelerated economic growth is igniting hopes of a recovery in the rest of the world." "The British media are also optimistic about the Chinese economy's goal of eight-year coverage," with strong fiscal and monetary policy driven by a surge in Chinese investment, which is likely to complete its full-year growth target of 8% per cent.  "For the reason that China's economy is growing globally," said the Economist, "one of the important reasons for China's rapid rebound is that the slowdown in China's economy has been a result of China's government's own control, not the impact of the financial crisis." "Exports to China to make the Korean economy unexpectedly good" China's economic performance has also boosted the economic growth of neighboring countries.  Korea's Chosun Ilbo reported that the South Korean economy has been surprisingly good in recent times and the Chinese effect has made a contribution. reported that last September, South Korea's major export markets such as the United States, Japan and Europe suffered the global financial crisis, the South Korean economy has also been in a precarious situation. But South Korea's economy grew 2.3% in the second quarter of this year, thanks to China.  South Korea's exports to China increased by 27% in the quarter, as exports made the biggest contribution to South Korea's second-quarter growth. "South Korea's economy is offsetting the impact of reduced world exports, backed by exports to China," the report quoted South Korean economic experts as saying.  The report also cited, for example, China's home appliances to the countryside policy to increase demand for LCD panels, which led to South Korea's LG LCD factory production line operating rate reached 100%. "China needs to brake the accelerator also" but for the rapid rebound in China's economy, foreign media also said it should not be blind optimism. British media reported that although the Chinese governmentThe easing of credit restrictions last November has been a powerful boost to domestic consumption.  But there are also worries about an economic bubble. U.S. media quoted Jackson, the Royal Bank of Canada, said that today's data show that Chinese policymakers have succeeded in achieving rapid economic growth, but the key question for the future is how long will such easing be maintained? In the near term, the focus will remain on support for growth, but there is a growing likelihood that policies will need to tighten faster and more forcefully to cope with the potential problems of extremely loose liquidity. "The accelerator is really good, but the brakes are used at a certain stage." "the analyst said. (Lang month)
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