China to curb 'irrational' overseas Belt and Road investment - state planner
Reuters
25 seconds ago
ricky l
Posted on :-
August 15, 2017
ricky l
ricky l 8 seconds ago
Statistics don't lies.
It is an indication of alerts - and China should react to it.
In this era of close economic integration, something happen to one Country - will have a domino effect on the Global economy.
There is a need for China to taper down its debt-driven economy and refocus on consumption driven economy to reduce debt.
There should also be more import and export driven growth - so as to rely less on debt-driven growth.
Less
Reply
ricky l
ricky l 4 seconds ago
US adopting fiscal policy of huge budget deficit with vast infrastructure spendings - without the corresponding revenue will be unwholesome - as it will accumulate massive debt --- and likewise will trigger a domino effect on the Global Economy.
Thus both China and US - the 2 largest economy in the World - need to be mindful on adopting fiscal policy discipline and appropriate monetary policy - to ensure sustainable growth ---- else it may have adverse impact on the Global Economy - where all Economies all closely integrated.
Reply
ricky l
ricky l 27 seconds ago
Common sense will tell us --- how can anyone keep borrowing from the banks and accumulate debt to buy houses, cars, luxuries items, gourmet etc - through credit --- without the means to pay interest and the loan.
One day, the person will go bankrupt.
Thus the micro-economic scenario is a mirror reflecting the macro-economic situation and need to be watch carefully and remedial actions need to be taken to reverse the situation.
Less
Reply
ricky l
ricky l 4 seconds ago
To facilitate trade and encourage consumption to fuel Economic Growth - there is a need to ensure a positive, conducive climate of peace, friendliness with other Countries in the World.
Only then, it will be successful to transform a debt-driven economic growth to a consumption driven and trade driven growth.
The following principles will help to achieve the above Economic goals and Economic benefits :-
"Friends with all, adversaries to none.
Forge mutual benefits and win-win outcome.
Protecting our National Interests while accomodating the interests of others without compromising ours."
Less
Reply
ricky l
ricky l 4 seconds ago
此乃“菩萨偈”。
“仁者天下行”。
August 15, 2017
ricky l
ricky l 8 seconds ago
Statistics don't lies.
It is an indication of alerts - and China should react to it.
In this era of close economic integration, something happen to one Country - will have a domino effect on the Global economy.
There is a need for China to taper down its debt-driven economy and refocus on consumption driven economy to reduce debt.
There should also be more import and export driven growth - so as to rely less on debt-driven growth.
Less
Reply
ricky l
ricky l 4 seconds ago
US adopting fiscal policy of huge budget deficit with vast infrastructure spendings - without the corresponding revenue will be unwholesome - as it will accumulate massive debt --- and likewise will trigger a domino effect on the Global Economy.
Thus both China and US - the 2 largest economy in the World - need to be mindful on adopting fiscal policy discipline and appropriate monetary policy - to ensure sustainable growth ---- else it may have adverse impact on the Global Economy - where all Economies all closely integrated.
Reply
ricky l
ricky l 27 seconds ago
Common sense will tell us --- how can anyone keep borrowing from the banks and accumulate debt to buy houses, cars, luxuries items, gourmet etc - through credit --- without the means to pay interest and the loan.
One day, the person will go bankrupt.
Thus the micro-economic scenario is a mirror reflecting the macro-economic situation and need to be watch carefully and remedial actions need to be taken to reverse the situation.
Less
Reply
ricky l
ricky l 4 seconds ago
To facilitate trade and encourage consumption to fuel Economic Growth - there is a need to ensure a positive, conducive climate of peace, friendliness with other Countries in the World.
Only then, it will be successful to transform a debt-driven economic growth to a consumption driven and trade driven growth.
The following principles will help to achieve the above Economic goals and Economic benefits :-
"Friends with all, adversaries to none.
Forge mutual benefits and win-win outcome.
Protecting our National Interests while accomodating the interests of others without compromising ours."
Less
Reply
ricky l
ricky l 4 seconds ago
此乃“菩萨偈”。
“仁者天下行”。
ricky l
Posted on :-
August 17, 2017
--- Wow, is there a telepathy ......
ricky l
14 seconds ago
China has already invested 10 berth with Singapore PSA and 3 more mega-berth with PSA.
Who say China is not jointly investing in Singapore?
Singapore is building our own ports because we have the finance and means of building and managing ports. China only need to jointly invest as shareholders and reap the dividend.
China need to throw in finances and run other people's port. The risk is all on the China's side.
Now you know the differences?
August 17, 2017
--- Wow, is there a telepathy ......
ricky l
14 seconds ago
China has already invested 10 berth with Singapore PSA and 3 more mega-berth with PSA.
Who say China is not jointly investing in Singapore?
Singapore is building our own ports because we have the finance and means of building and managing ports. China only need to jointly invest as shareholders and reap the dividend.
China need to throw in finances and run other people's port. The risk is all on the China's side.
Now you know the differences?
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