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Main » 2016 » January » 12 » What is the amount needed to restore the economy of China?
What is the amount needed to restore the economy of China?

China's economy started the year pretty hard - the national currency collapsed, stock markets excessively volatile, and the economy, which could affect the country's economic growth - depleted.



Therefore, North Korea's economy needs financial help, and rather big. Now a leading analyst on the Middle Kingdom is considered that the minimum amount to run the economy - about 38 trillion yuan, in dollar terms almost 6 trillion.

Experts also point out that the measures taken by the Chinese Government over the past year and a half, in the current circumstances are not working. At the same time, the reduction in interest rates can ease the burden of debt payments, but will not solve the problem - it only compensates for the outflow of capital and will help financial institutions to liquidity issues.

It is worth noting that with the fall of the renminbi investors withdraw capital from the country with record speed. In December alone, China spent of foreign exchange reserves to 108 billion dollars to prevent the yuan fall.

A source

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