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Tekijä: | Li, Kun |
Otsikko: | The influence of "bubble" on stock market on national economy allows of no neglect (original in Chinese) |
Lehti: | China National Conditions and Power Monthly (c)
1997 : 8, p.25 |
Asiasana: | STOCK MARKETS PUBLIC FINANCE CHINA |
Kieli: | chi |
Tiivistelmä: | Stock prices are rising continuously by a big margin, which can not be discussed as the general "bull" or "bear". Such a phenomena it called "bubble" in economics. The "bubble" on stock market has influenced and disturbed the whole national economy, which allows of no neglect. First, the appearing "bubble" has encouraged the general mood of speculation and impaired people's spirit of do pioneering work and being engaged in their work with single hearted devotion. Second, it would also lead to the serious unfairness in distribution and be unfavourable for the development of China's pillar industries. |
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