economist with Capital Economics, notes that Portugal’s budget deficit is lower than in most other troubled euro-zone economies. The country’s most serious challenge, she says, is to avoid “another lost decade” of low growth. Since the start of the euro in 1999 Portugal has been among the slowest-growing economies in the club, despite being its poorest member.
포르투갈의 국채
History of CHINA
Communist party of China set up a government in 1949
October 1st in mainland.
China can not be a unified nation.
"The People's Republic of China.“(마오쩌둥) 중화인민공화국 = 중국
'The Republic of China.‘(장제스) =중화민국
Economy of CHINAChina has the world's second-largest economy
But China's 2011 nominal GDP per capita of US$5,184
Global Imbalances :
The global imbalances refers to the large current account deficits of developed economies such as the United States and the large surpluses of developing economies such as China and oil rich economies of the Middle East and Russia.
Causes of the Global Imbalances :
- Events in the United States : Saving-Investment Imbalances
- Events Outside the US :
Inadequate In
China, real estate does not only have economic impact but also far greater effects on both the nation and its people. Real estate is critical for the welfare of the citizens and important for political stabilization. As such, the Chinese government has to intervene, manage and control.
When the housing prices began surging in 2006, the State Council published six regulative measures in May t
States and China over the valuation of the Yuan. This which began in the early 21st century is being pursued by opinions among economists have been divided as to whether it will have a net negative effect on the global economy. By April 2011 journalists had begun to report that the currency war had subsided. Some economists however have continued to assert that the conflict is still on-going.