This data is estimated that no one in China dares to report it. Haha, that's the specific amount listed when Fannie Mae and Freddie Mac filed for bankruptcy protection and submitted it to the relevant American institutions. In the list, China is second only to Japanese, a subsidiary country of the United States, and it is sad to buy Fannie Mae bonds.
2. CIC entrusted to invest in the non-voting equity units of Blackstone Company in the United States, totaling $3 billion, and now it has lost more than half, nearly 90 RMB. Liang Jinsong and Lou Jiwei. . . hey
3. Lehman Brothers was involved in the losses of domestic banks:
A, China Merchants Bank-70 million US dollars, including 60 million senior bonds and 6,543,800+million junk bonds;
B. Bank of China-$6,543.8+$28.82 million.
C, China CITIC Bank-$76 million
D China Construction Bank-1.91.40 million USD.
E. Industrial Bank-$33.6 million
F, ICBC-1.51.80 million USD.
Other banks have also invested heavily in Lehman bonds, and the estimated amount is relatively large, so they dare not report it, such as Bank of Communications and so on. .
You know, our foreign exchange reserves are only nearly 2 trillion. . . . . . . .
Let's talk about the impact on China's economy:
1, a large number of foreign capital outflows, resulting in short-term liquidity shortage, leading to excessive prices of tangible assets, such as real estate prices, steel prices and so on. At present, a large number of real estate developers have been unable to insist, and frequently send out rescue signals through relevant media. As China's economy is bound by the real estate and automobile industries, some local governments have introduced relevant policies to support the faltering real estate market.
2, inflation, rising prices, the government can only control prices through price control (CPI- price index), but the price of raw materials that have a huge impact on prices-that is, (PPI) is really high, there is no way, China has lost the pricing power of raw materials in the international market, how to lose this later, such as: (soybeans, iron ore, crude oil, rice, etc. ), in addition to the continued depreciation of the US dollar.
3. With the economic recession, it is impossible to maintain the GDP growth rate above 10%. Due to the lack of short-term capital loans and the global financial crisis, a large number of production and processing enterprises closed down. For example, a large number of enterprises in Dongguan, Kunshan, Jiangsu and Zhejiang closed down, and more than 2,000 neutral export enterprises closed down in Dongguan alone. You know, most of China's GDP is created by exports, and a large trade surplus has created a large number of us.
4. The continuous decline of the US dollar has led to a sharp decrease in the amount of US dollars in other countries. This means of the United States is quite bad. Debt economy, through the binding with oil and a large number of markets, enables people all over the world to use dollars as hard currency for settlement. As a result, the dollar has been depreciating and collecting seigniorage from people all over the world for free.