real economy, sales had slowed, and expressed uncertainty for the industry because of fears about the outlook gripping consumers. Lack of confidence in Asia`s fourth-largest economy has motivated investors to sell off local stocks, while the Korean won has fallen about 35 percent against the U.S. dollar this year.
The prolonged economic depression dragging down clothing businesses, prominent fo
Circumstance of occurrence
2008~2009 upsurge of financial crisis and beginning of government remedy.
The early 2010, concernment about economic crisis spread because of The southwest Europe(PIIGS) budget deficit
The world three major credit-rating agency(MOODYS, S&P, FITCH) made downward revision in Portugal’s credit rating
2. Finance and real economy aspect
Major economic indica
real problem is not a lack of money. The real problem is the companies. These auto companies’ recession started before the current economic panic (Sununu, 2008, ¶2). That means their economic crisis is not because of the economy, it is because people don’t want their products anymore.
Eventually, the good companies and bad companies are recognized by their own abilities and qualities, and
real estate, stock share, bank deposits, etc.
Since its return to China in 1997, politically, Hong Kong has been the special administrative region of People’s Republic of China, but economically, it has enjoyed independent economic system from China with the system of market-based capitalist economy. That’s why business men in Hong Kong are playing the role as network chains of Chinese econ
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 to adjust