日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / View

Stable Chinese stock market good for world

China Daily | Updated: 2015-07-24 07:45

With the benchmark Shanghai Composite Index successfully leveling off above 4,000 points nowadays after plummeting more than 30 percent in weeks, the Chinese authorities have seemingly succeeded in shoring up investors' confidence.

The fact that China's trillion-dollar securities market has stopped hemorrhaging speaks volumes about China's capability and determination to maintain the market's healthy development.

At a time when the global economy is witnessing its slowest growth rate since the 2008 global financial crisis and Chinese economic growth is catching wide attention, the decisiveness of the Chinese authorities in taking all means possible to stop the spread of stock market risks has been invaluable.

If the irrational dive in share prices had not been halted, the resulting panic would not only have created havoc in the stock market but also applied the brakes to the ongoing transformation of the Chinese economy.

Tens of millions of retail investors would have suffered huge losses from sharp irrational drops in share prices, while the further spread of market risks could have triggered systemic danger in the monetary institutions.

Moreover, the fast-spreading pessimism from the depressed stock market would have dealt a heavy blow to the healthy growth of China's real economy.

As the world holds its breath over Greece struggling out of its debt crisis, a runaway fall in the Chinese stock market valued at 10 times the total Greek gross domestic product would have led to undesirable consequences.

More importantly, the fragile global recovery has to survive the tremendous uncertainty that the United States' looming rise in interest rates will bring about. The international community should feel relieved that the Chinese authorities have quickly stepped in to prevent systemic risks at home and add certainty to the global economy.

The initial stabilization of the Shanghai and Shenzhen stock markets has fully justified the decision by China to press the risk management button and proven China's determination and capability in financial governance. The solid progress over the couple of weeks has also showcased the vitality and validity of the world's second-largest economy and its financial system.

 

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 中日韩精品视频 | 国产女人18毛片水真多 | 成年人看的免费视频 | 黄页在线播放 | 欧美激情久久久久久久 | 国产极品少妇 | 一区二区三区免费看 | 亚洲欧美国产精品久久久久久久 | 国产麻豆精品在线观看 | 欧美一级淫片免费视频魅影视频 | 亚洲美女毛片 | 欧美精品免费在线 | 男女福利视频 | 中文字幕精品一区 | 国产激情福利 | 成人午夜 | 亚洲欧美一区二区三区久久 | 欧美 日韩 国产 一区二区三区 | 久久天堂网 | 精品国产三级 | 成人福利午夜 | 欧美专区一区 | 看免费毛片 | 黄a在线观看 | 日韩视频在线一区二区 | 国产乱码精品1区2区3区 | 91亚洲国产成人精品性色 | 一级免费黄色片 | 成人午夜免费视频 | 免费看一级黄色大片 | 日本中文字幕一区 | 免费无遮挡在线观看视频网站 | 国产成人自拍偷拍 | 三级视频在线观看 | 国产美女一区二区三区 | 久久精品视频观看 | 蜜桃av免费观看 | 亚洲黄色在线视频 | 天天色天| 91高清在线视频 | 午夜在线观看视频网站 |