China's recent infrastructure investments in high-speed rail

Development and Reform Commission expert: ten years of an asset bubble burst in the next decade in 2011---Guangdong Province Enterprise innovation on publishing and the commendation, national development and Reform Commission, Director of the Institute of financial advisers, Shenzhen University Professor Guo Shiping said that gold prices will fall next year 50%, real estate prices could face collapse. Compared to the previous decade credit bubble burst a decade in the futureTen years of the Decade will be the asset bubble burst. Guo Shiping said real estate prices are largely a confidence index. Therefore, the upward trend in real estate prices, policy interventions are often difficult to bear fruit, decreased but once open channels, nor is it limited to 5% per cent decrease, "estimating the next 3 years will be continued this trend. "Guo Shiping said. Guo ShipingHas successfully predicted that Hong Kong property prices tumbling. In 1997 he had predicted prices would drop 30%, then no one seriously, last fall, at 80%. This time, Guo Shiping prophecy will come true, still need time to test. Foreign capital has begun shorting China financial war short of the road map: real estate → financial → Renminbi "defending banks of defence must not be cut bank depositGold rate! "National development and Reform Commission, Director of the Institute of financial advisers, Shenzhen University Guo Shiping language more spectacular yesterday, he said, as foreign investors began selling real estate in China and Chinese financial stocks did air finance war or had begun, measures should be taken to cope with the Chinese authorities. Guo Shiping mentioned that foreign air country road map starts with real estate. Recently, the United States in the Black Rock, friends,Tak on frequent foreign selling real estate. With house prices falling diablo 3 gold, land began to face difficulties, which means that the local government debt repayment depends on land transfer payment revenues are less and less. The other hand, China's recent infrastructure investments in high-speed rail, subway-typical at an all-time high, revenues, expenditures are hard to restrain, if he does not find new moneyThe road, local government debts to pay. Real estate loan risk of facing increasing and local government debt risk, banking credit capital crisis may occur. And combined with such an argument is the recent frequent reduction of foreign-funded banks move. Remove the shorting real estate diablo 3 power leveling, banking, said Guo Shiping, throw the Yuan may be foreign to the next stageAction. From the market situation, shorting the currency already have substantive action. This year's national day Hong Kong offshore renminbi before the spot exchange rate quotation has rapidly reduced, showing the possible devaluation of the renminbi is expected. And is often used to predict the Renminbi exchange rate trend of overseas non-deliverable forwards (NDF) is from August of this year have been rising in October correction for some timeYihou, recently showed a significant increase, suggesting that external bearish on the currency. Announced yesterday the Exchange, according to the data growth is negative for the first time in four years, which has also raised the industry speculation about the outflow of hot money. Fight a foreign short wars, Guo Shiping that we must resolutely defending Bank of defense that monetary authorities should maintain the existing reserve ratio unchanged, letCentral reserve sufficient financial flexibility to prevent unexpected growth in the banks.