Friday, April 29, 2011

The IMF forecast is too idealistic

The speed of China to overtake America so fast? Senior economist lu, "said the commissar evaluationmbt shoes uk is I see to China's economy." the most optimistic forecast Chinese and foreign academics have said, "the United States is fading" this proposition is worth pondering, and a single dimension descriptions are not reflect the reality, but distorted reality.
China institute of modern international relations LiuJunGong, director of the center for global study of the news of the world journalists say the IMF forecast first prerequisite of installed certain, namely China economic growth and maintain a high-speed situation fairly long sustainability, RMB continue to rise, while the United States economy slow growth or simply stalled. But he stressed that MBT Kipimo clogs "economic development to see many indicators, such as Chinese inflation. And the IMF this comparison is obviously is a unilateral comparison, no rationality, lack of scientific basis. If so, then we can also compare calculated how many years more than China in India. This is a kind of ignore other conditions of the theoretical assumptions."
In the IMF report came shortly after the U.S. some scholars also in succession, to be refuted. Stanford university, a senior fellow at the hoover institute published in the U.S. media wolff, according to the absolute value calculation, the paper said, the United States in 2000 and 2010, population, military spending and GDP growth trend is very obvious. Despite the bursting of the dotcom bubble in 2001 and 2008 to 2009, the severe downturn caused by the financial crisis, but with constant price calculation, America's GDP rose 21 or. The United States in some indexes of the downturn, just appear on relative decline. While in some difficult to use data to measure the areas, such as incentive innovation spirit institutional factors as well as the cultural, property, law in short and long term influence, wolff, compared with that in China, the United States has great advantage.
Some do not expect China's economic American scholars, such as "doomsday doctor" Mr Roubini is simply too argue that China's economy would probably in 2013 years later encounter a "hard landing". "China will almost certainly in the next few years with the MBT Fanaka GTX United States to increase its relative strength, but in overall strength is unable to surpass the United States."
For to press China economic rally?
May 9-10, the third china-us strategic and economic dialogue will be held in Washington, and both countries will RMB, economic and trade relations soon issues clash. It seems it's not hard to understand that the IMF at RMB exchange rate "deliberately stressed behind underestimated" meaning. "The biggest characteristic of diplomacy is to attack each other, make public opinion wars, and then throw their conditions, always so." LiuJunGong said. After all, senator Charles schumer and nine senator April 25 at home after the visit, the plane impatiently say their dissatisfaction, complaining about the "Chinese seem willing to refuse the yuan rise more quickly.
China's economy is Fried hot point zero at the U.S. presidential election in 2012 will pull up. This month, 18, Obama through the mass E-mail to support himself elected President in 2008 the 13 million supporters, announced that he will run for re-election as President. As the traditional way win votes, "Chinese topic" the day of the central hunan province frequently I'm afraid I've behind.

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