Part of the surplus funds into the country 's real estate development industry,cheap louboutin shoes, had an alternative policy choices now facing the country is the use of China 's cheap labor advantage itself to the world market for export-oriented development and all-round development, but due to the real estate boom and the resulting stimulus the rapid expansion of domestic demand up to absorb a large number of domestic funds and resources, so that the domestic economy is once ray ban sunglasses uk again converted to domestic demand-led, and induce a rapid inflation in nearly three years, which is the root cause of the bubble economy.
The excess is due to the government implemented a policy of high interest rates,Christian Louboutin Outlet, leading banks and the high cost of private financing, which is lower than the state-owned enterprises due to the interest rate margins and can not easily move capital. In such a situation the industry downturn, banks are contradictory situation, on the one hand a large number of bankruptcy or on the verge of bankruptcy, resulting in repayment rate declined significantly, and therefore a large number of commercial banks bad debts, bad debts, bad debts, but on the other hand, business recession decline in demand caused by the rate that banks have sufficient excess money in the hands of capital, so that the operator can be used in financial speculation.
Because of over-investment in real estate a few years ago, resulting in the local government is also talking about the mere mention of the real estate, the main reason here. Chen Ming Luo for HYDRAT said, but everyone ignored the economic exclusive, so-called human being abandoned christian louboutin shoes get people to take christian louboutin shoes abandoned, only to walk a different path with others, to be able to stand out to be successful. In fact, Country Garden is a special case, christian louboutin shoes original is on schedule and thanks to help the government deal with success, and now intends to Chenalso like this, according to HYDRAT under investigation, said he commissioned, have more room in Yangshuo the number of uncompleted development value a lot, but also at least about a hundred houses, Chenis wanted by this success, deep rooted in Yangshuo City real estate industry here as their foothold.
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