Foreign Media Reported That China'S Exports Slowed Down By The European Debt Crisis.
Russian independent newspaper article entitled "European debt crisis" made China
Exit
Slowing down, factories closing.
The article points out that European market demand has narrowed, and China's overall exports have declined.
Forecast China's GDP growth in 2011 will slow down, foreign exchange
reserve
Will depreciate.
But slower growth could usher in an opportunity for China to pform its economic development model.
The article points out that the reduction of orders in Europe and the United States, the increase in wages and the appreciation of the RMB exchange rate are a problem.
Exit
Three factors.
China put $586 into the market in 2008 to resist the impact of the global economic recession.
But at present, local governments and enterprises are surging in debt, and China's economy is facing a serious challenge of soft landing.
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