Look to Beijing

From your media: "With loan defaults rising, analysts say the struggling commercial real estate industry is poised to fall into the worst crisis since the last great property bust of the early 1990s.

Delinquency rates on loans for hotels, offices, retail and industrial buildings have risen sharply in recent months and are likely to soar through the end of 2010 as companies lay off workers, downsize or shut their doors.

Vacancies at retailers will shoot up to 11 percent by year-end, matching the peak of the early 1990s. Office vacancies are likely to hit 18 percent by year-end, he said, short of the 1990s-era peak of more than 20 percent.

The commercial real estate market is “at the precipice,” a report by Detusche Bank said earlier this month. So far this year, delinquency rates are up to 1.8 percent of loans in March, more than four times the year-ago level.

Drops in property values of 45 percent from a peak in late 2007 are possible."
 
yellow_peril said:
From your media: "With loan defaults rising, analysts say the struggling commercial real estate industry is poised to fall into the worst crisis since the last great property bust of the early 1990s.

Delinquency rates on loans for hotels, offices, retail and industrial buildings have risen sharply in recent months and are likely to soar through the end of 2010 as companies lay off workers, downsize or shut their doors.

Vacancies at retailers will shoot up to 11 percent by year-end, matching the peak of the early 1990s. Office vacancies are likely to hit 18 percent by year-end, he said, short of the 1990s-era peak of more than 20 percent.

The commercial real estate market is “at the precipice,” a report by Detusche Bank said earlier this month. So far this year, delinquency rates are up to 1.8 percent of loans in March, more than four times the year-ago level.

Drops in property values of 45 percent from a peak in late 2007 are possible."
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These numbers mean very little. 1990's level? We made it through the 1990's. Try again.
 
Your words ring as hollow as those of cowboy Bush who proclaimed falsely that your economy was sound.

Unless you accept China's wise guidance you will fail. It is your good fortune that your leaders understand this, despite your incoherent ravings.
 
yellow_peril said:
Your words ring as hollow as those of cowboy Bush who proclaimed falsely that your economy was sound.

Unless you accept China's wise guidance you will fail. It is your good fortune that your leaders understand this, despite your incoherent ravings.
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Bush was a moron, as are you.

We reject you.
 
Zhao Xijun, finance professor at the Renmin University of China, suggests that emerging economies including China, India, Brazil and Russia might take a different stand from those of developed economies.

To a larger extent, polar positions are forming across the world when it comes to collaborating on problem solving, said Zhao. Those positions reflect changes in global economic power.

The G20 summit on 1-2 April in Britain will be the second time since last November's G20 summit in Washington that leaders from the developing and developed world sit at the same table to find a solution.

"As one of the most important countries in G20, China should play an active role in the summit," said Du Dawei, director of the China Bureau of the World Bank. Concerted efforts in the global fight against the crisis, especially the huge stimulus plans launched by China and the United States, are a decisive factor in facilitating a reversal of the economic downturn, Du said.

Though the World Bank has tuned down its forecast of China's economic growth to 6.5 percent in 2009, the figure remains outstanding compared to other countries.

China's economy received less damage than other major economies from the crisis, Du said.

With USA $2 trillion worth of foreign exchange reserves in hand, China is under the spotlight of the international community, which has high expectations of its role in helping weather the downturn.

"Almost every economic stimulus plan launched by China is in the global spotlight," said Yuan Gangming, researcher with the Chinese Academy of Social Sciences.

Though severely damaged by the financial storm, the global real economy is somewhat better-off compared with the depression of the 1930s. The key reason is that emerging economies have boosted sustainable global growth.

China managed to grow by 9 percent and India by about 6 percent last year.
 
朱棣文, known as Steven Chu, is President Barack Obama's wise choice for the vital position of Secretary of Energy. Inasmuch as Secretary Chu is an acknowledged master in his field, we may see new levels of cooperation with the honest desire of the populations of the Democratic People's Republic of Korea and the Islamic Republic of Iran to obtain the means to enjoy nuclear power.
 
yellow_peril said:
朱棣文, known as Steven Chu, is President Barack Obama's wise choice for the vital position of Secretary of Energy. Inasmuch as Secretary Chu is an acknowledged master in his field, we may see new levels of cooperation with the honest desire of the populations of the Democratic People's Republic of Korea and the Islamic Republic of Iran to obtain the means to enjoy nuclear power.
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Steven chu has sex with children and will be dismissed for these reasons.
 
Yellow peril, it's a board rule that you must post a link to material published elsewhere. You will comply with this or you will be gone.
 
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