Nowadays, the economy anomalies in the People's Republic of China have triggered heated discussions in our daily lives. The Gross Domestic Product (GDP) of China has had a dramatic growth in the recent decades, yet Chinese citizens do not seem to be pleased about this overheating economy at all. To go deeper, people outside China call on the increase in the valuation of RMB currency, yet it actually decreases in our people’s hands resulting from the high pricing of commodities, indicating that the money today does not worth as much as before. Moreover, even though the overall world market economy does not have an impact on a country’s GDP growth rate, yet why our assets have now inflated to bubbles as the world economy changes?
Taken all these considerations into account, the China economy bubble seems to be very worrying for the country’s sustainable development in the near future. Therefore, whether or not China could save the world economy, becomes one of the most important concerns in the world today. In the following blog posts, I am going to focus on the attention-grabbing issue of the real estate market, namely, the property bubble in the People’s Republic of China.
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