Xinhua net Beijing on June 23 report (every of reporter Luo Yu, Hua Ye enlighten) " Qian Huang " the most popular keyword in making instantly China economy. In June since the middle ten days of a month, "The of the previous night between the bank tears open solution interfree modern dining chairsest rate " the line of sight that this very professional name begins to enter the public through media ceaselessly. Newest data of 20 days shows, the interest rate between Shanghai bank again all fronts rises, interest rate exceeds 10 ％ first, achieve 13 breathtaking. 44 ％ , this numerical value already achieved the history new tall. It is usually in people look least of all " poor money " large commercial bank begins to jointhe most popular watch cases the main force that lends money, the money of the bank was used not quite!
Appear in the fluidity of the commercial bank constrictive situation while, shanghai late stock market also begins all fronts to drop, investor begins to reduce the asset in holding a hand in succession, shanghai of past a week is deep two city add stock account number newly to drop considerably 58. 47 ％ , fall to the low inside year. Capital market also begins to face the awkward situation that capital pours out of.
Nevertheless, while with respect to the capital in financial orgnaization the face is in an emergency ceaselessly, the each finance data that Central Bank of not long ago publishs gives a person however with disparate feeling.
According to the statistical data that the two Central Banks before week publish, although integral monetathe most popular selling norton internet antivirusry policy keeps free watch casedovish, but May M2 (supply of broad sense money) add compared to the same period fast be as high as 15 as before. 8 ％ , add credit newly to measure tall still look forward to, what RMB deposit remaining sum also has approached two hundred and seventy-six million four hundred and forty-seven thousand two hundred and thirty-two yuan is big close, 1 - social financing dimensions was achieved in May 9. 11 trillion yuan, than going up year of the corresponding period is much 3. 12 trillion yuan.
spring poolIs China in really experience a fluidity constrictive " Qian Huang " ?
It is the bank lacks cash at the same time, the stock market lacks cash, medium and small businesses lacks cash; But it is however on the other hand, monetary supply is ample, many large companies still move ostentatious, buy product of bank conduct financial transactions in great quantities, idle fund still is seeking the concept of hype, folk is leasehold as before wind wind fire.
Two-phase contrast discovers not hard, of at present " Qian Huang " lobrass faucetok seem oncoming force feral, actually is the structural sex fund that fault of a capital distributes to bring about nervous. Not be to do not have money, however money did not appear in proper place.
The central publish is as high as 4 trillion yuan of investment package plan after no matter was 2008,international banking crisis erupts, or since 2012, in " steady growth " be opposite below the target monetary policy is loose a series of fine tuning that change. Come a few years, chinese economy is in the condition with a kind of ample liquidity to fall from beginning to end. However meanwhile, the ratio of the M2 in macroscopical data and GDP is in however ceaseless amplification, to this year first quarter, the ratio of M2 and GDP is close already 200 ％ , this means a money to put in what grow to economy to drive action to be in ceaseless and abate, also go out from report of a flank, many social financing arrives without investment actually among hypostatic economy.
Look in the personage inside many course of study and economist, bring about financial industry is at present brief quality " Qian Huang " the element is very complex, this has the effect that international economy environment changes among them: As American economy time firm anabiosis, beautiful couplet store metage changes loose policy to will be enorton internet antivirusxited gradually, make the speed of capital outflow begins to accelerate.
Besides, the element that leverage of interior of Chinese banking systwatch casesem magnifies ceaselessly is to not allow to ignore more, a large number of capital invest through lever underthe best spring pool the operation in financial orgnaization and time complex form a complete set takes benefit difference, capital gets profit in move back and forth of each financial interagency loop, "Shadow bank " be popular while, also make the risk builds up ceaselessly.
Not only such, because our country is commercialized without interest rate,make the market medium the opportunity that existence superintends watch case openera benefit. In our country current credit and financing system fall, state-owned company relatively civilian battalion enterprise has congenital advantage on financing, obtain fund more easily with inferior cost, make its can undertake covering interest through trusting the kind such as loan thereby, the repetition that causes capital from this is calculated, the empty that brings about social financing gross then is added.
This shows, "Qian Huang " rear, what need to think more is not the problem that has money, however the issue that how should money use.
Be in just go this week, premier Li Kejiang chairs call together to open the State Council standing conference, the conference puts forward to want to optimize financial natural resources to configure, with good increment, dish put an amount alive, transition of stronger support economy upgrades. "With good increment, dish put an amount alive " , had made a general policy that prospective China monetary policy adjusts.
Notable is, be in market raise a cry of warning " Qian Huang " while, the Central Bank did not release more fluidity however, this one adjustini want modern dining chairsg control is pointed to alluding it seems that, chinese monetary policy has begun what by simple measure adjusting control turns to quality and structure gradually to optimize.
No comments:
Post a Comment