Biggi Board

The Brain

open-house
Wise woman

Relevent Articles

China Part III: The Financial Crisis

China Labor 2

China’s economy is officially in a state of advanced financial crisis which may exacerbate if the government does not attend the states’ debts problem. Debates on whether China will grow by 7% or 7.5% are pointless, said Xie Bin, an economist at the development center of China’s State Council and the Economic Advisor to the government. China’s yearly debt interest is almost 6 trillion yuan per year. “We need to find a way to let the bubble explode, delete the losses we have as soon as possible, to avoid bigger crisis,” said Xie MNI to financial news website. Xie calls for the government to use some of the 3.5 trillion dollars in foreign reserves – – to close bankrupt companies and encourage private investment as a way to encourage growth.

Today, economists and policy makers in China are looking for alternative models.  The growth model that served well for 30 years, no longer works. Last month Stephen King, HSBC chief economist said “the old Chinese model reached the end”  the Chinese economy has relied on exports, as Japan, South Korea and other countries in South – East Asia, that had a competitive wage advantage.  Their poverty and underdeveloped economies was used to become economic powers. The huge manufacturing power pushes exports to annualize rate of more than 20% a year and brought the economy to unprecedented growth rate.

But gradually, Chinese labor force has risen. Chinese economy produced more than it consumed and more then it export. Starting at 2008 the global economic crisis reduced the demand for Chinese goods drastically forcing China to find another way to grow. China starts to suffer from what we identify as surplus inventory.

The China Money Report Continued…(Click Here)

The Board

organic-call-to-action
Bad Reviews Hurt
business-monagomy-vs
Miami Criminal Attorney
Miami Criminal Attorney
Confident businesswoman carrying a box to her new office
Online Reviews
half face of a sinister young man with hair back
100_You_will_Get_sjmfv5
The Millennial Latina
Dark Photos Of A Mysteryous Handsome Young Man With Sunglasses
b3873988-d9a0-494a-9f0a-f3573f46c12b
maxresdefault1_sifvzv
kim-kardashian-today-160309_15ba69fdbfd849440b994845c982cff5.today-inline-large
living_chair_crossed_legs_m-400x300
Donald Trump at press conference
635919203244423461-Zuckerberg
bloomberg
Featured Video Play Icon
newapp
scientific beautiful
Google_highest Paid
Featured Video Play Icon
Gobiggi Connect
Turkish female dentist is doing vaccine elderly Turkish women
serial-killer-
biz
rain
NASA
cool jobs
20150423185316-doughnuts-junk-food-sugar-snacks
NY
Business Related Email Concept Shot
8 amazing places you wouldnt believe existed
Self-confidence, self-control, self-respect
wife Cheating, Biggiboard
Faces-photo.  Biggiboard.com
SM - iStock_8112453XXXLarge - Health Care
Fashion Photographer, David Tessieri
banner-collage_anhawd
Fashion Photography
Anxious, scared, sad or angry
Happy wife. Happy life.
Mariana Valentina Fall/Winter 2013 Collection
for-bigg-iboard
3 image (18)
Steve Jobs Angry
FAll Fashion for men
Technology
Healthy Employees
Steve-Jobs-dates
Fall Hair Trends 2013 101
Fart Wednesday
Cork Screw
Immigration Reform
Friday Freebies
Operation SAFEE Flight
Grizzly 2.0 3D printed gun
Human Shark
Shark Attacks
Nail-Polish-Line
Fall Trends
miami Freeebie
Free Paint Ace Hardware
Stress Free Smoothie
Women in the 30's_Collage
Walt Disney
Jamaican Me Crazy
Louisiana
Apple Goes Plastic
The Pink Panther
Superfood Chia Seeds
saturday saving 7
SAturday Savings 3
Russia out-shines America
Beyonce
Cute-Teddy-Bear-Pink
The reason you are single
Honey Goat Weed 3
MotherTheresa
miami's best restaurant Crazy About You
The Official Facts of the Royal Baby
armpits4august
tips to avoid bankruptcy rt
Britney Spears and the Smurfs 2
madonna bar-mitzvah1
Mud_Area_Model 007
cat lover image
gay marriage in england 01
the_hangover_movie-normal

The Brain

open-house
Wise woman
Infograhpic_1_ikwd6n
For Blog
Reveiws
dog braces4
Tim_Cook
ZIKA_VIRUS_CARNIVAL
Punxsutawney Phil Did Not See His Shadow : The Two-Way : NPR
Business man
Pluto
Increase my website traffic
Miami Beach Condominiums law
The Cheat Sheet
Your-Website-sucks
Business Enviroment
Strategic Planning
Success
Spruce up your Facebook 3
4 Do’s and Don’ts for Effective Web Design
Chinese Reform
China Part 5
China Real Estate Bubble
China Economy Solution
China Labor 1
China New Reform 2
China 2
tips to avoid bankruptcy
Ways to save money
How to use Pinterest Effectively.
sex and violence on facebook
facebook-marketing-like-a-boss

Relevent Articles

For Blog
maxresdefault1_sifvzv
Reveiws
Featured Video Play Icon

The Featured

brain-action
Online Reviews
Dog  BW
(1)
The best dancer review
59652_10151262295566418_347939389_n-450x300-1_zsxdui
Featured Video Play Icon
newpost
ZIKA_VIRUS_CARNIVAL
Top 10 Criminal Defense Attorneys in Florida
Cheering crowd in disco club
Go Public Business Run
Unhappy couple upset with marital problems angry and mad having
Hacker in morph 3d mask stealing password on futuristic backgrou
Father playing with son
Your-Website-sucks
FAll Fashion for men
Technology
Free Friday
Healthy Employees
Steve-Jobs-dates
Fall Hair Trends 2013 101
Fart Wednesday
Cork Screw
Friday Freebies
Operation SAFEE Flight
Human Shark
Success
Stress Free Smoothie
Women in the 30's_Collage
Jamaican Me Crazy
Louisiana
Apple Goes Plastic
Superfood Chia Seeds
Honey Goat Weed 3
MotherTheresa
miami's best restaurant Crazy About You
Chinese Reform
China 2
sale
armpits4august
Kanye West Fashion 1
tips to avoid bankruptcy rt
madonna bar-mitzvah1
Mud_Area_Model 007
cat lover image
news updates 7
the_hangover_movie-normal