Global economic recovery still slowing

Source: Internet
Author: User
The massive bailout and economic stimulus package the debt scale of these countries and economies in the US and Europe has been expanding, and the government balance sheet has become a new risk point, "caijing reporter Liu Yue" China Banking Regulatory Commission chairman Liu said that the pace of global economic recovery is still slowing and the entire financial system remains fragile.  December 17, 2010, the "Financial" annual Conference "2011: Forecasting and strategy" held in Beijing, Mr Liu expressed this view in keynote speech. Mr Liu believes that the continued deterioration of the economic balance sheets of the developed world, rather than the improvement of the massive bailout and stimulus package, has allowed countries and economies in the US and Europe to scale up their debt and government balance sheets as new risk points. and emerging-market countries are now facing unprecedented tests, one from asset bubbles and one from inflation.  At the same time, the potential of emerging markets to respond to relatively robust fundamentals and stronger growth has also attracted a rapid influx of hot money. "Caijing" annual meeting by the "financial" magazine, since its inception in 2004, the financial network has attracted a large number of senior political and political officials, dignitaries from international organizations, business leaders and prominent Chinese and foreign economists to take an active part in focusing on events and trends in the world economy, politics, society, science, technology and culture in the coming year, The in-depth analysis of current affairs hotspots, the accurate interpretation of national policy trends, and actively explore the industry prospects, known as the Chinese economy towards the most authoritative and forward-looking international ideological exchange event.

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