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甘南翻译公司关键字： As the rapid growth of money supply, loans of financial institutions also will be "gone." According to the National Bureau of Statistics figures, as of late July, the loan balance has reached 16 trillion yuan, an increase of 23.2%, since August 1996 the highest growth rate. The first seven months, an increase of RMB loans reached 1.8872 trillion yuan, more than 39.7 billion yuan loans last year.
"Currently in the real estate, cars and other investments in some sectors of local overheating, the surface, which is very out of control with credit relationship, but a deeper level, but with the 'hot money' aggravating factor has a direct relationship. "Chen star analysis.
Chen star that, in addition to indirectly cause overheating of the economy, the "hot money" will bring the biggest concern is "the formation of a greater appreciation of the renminbi is expected to pressure." He explained that the medium and long term, as long as the Chinese society and there are no major financial question, the RMB was stable price will certainly slow the rise. "The longer postpone, this is expected to be more intense, this time to completely control the" hot money "into, it can only be wishful thinking because of" hot money "the influx of a large domestic foreign exchange funds deposited on the RMB is bound to create a strong tendency to squeeze, to force their appreciation. "
However, in Yi Xianrong view, "hot money" but did not give the Chinese economy as well as how much the RMB exchange rate impact. He believes that China's current "hot money" scale and its development trend, "completely within the scope of control," as long as the Chinese government firmly maintain the RMB exchange rate stable, "Once the revaluation is expected to eliminate 'hot money' will automatically subside."
For the "hot money" and the money supply caused by the rapid expansion of credit scale this view, Yi Xianrong also hold different views. Yi Xianrong in the survey that the banks as soon as possible to increase revenue and reduce non-performing asset ratio, we must continue to add new loans, the increase in these new loans, a large part of the "cover old debts with new accounts." through technical means can be reached in the book on the purpose of reducing non-performing asset ratio. This is caused by money supply and credit, the main reason for the rapid expansion of the scale.
Check "hot money"Bank of China International Institute of Finance researcher AERONAUTICAL that, how to control a large number of speculative short-term revaluation of the "hot money" has become China's monetary authorities face a big problem.
August 12, the State Administration of Foreign Exchange foreign exchange designated banks began to exchange earnings, foreign exchange business to carry out a nationwide special inspection, the main purpose is to grasp and accurate analysis of the current foreign exchange capital inflows and movements in the international balance of payments, combating illegal cross-border capital flows, further rectify and standardize the foreign exchange market order. Industry insiders believe that this is the SAFE thorough investigation "hot money" flows
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