Asian Economies Face "Ambush"

When the S & P deprived the US "3A" rating and France's "3A" rating was unheard of, the Asian economies began to reflect on the long term export oriented economic pattern. Willy Pesek, an overseas media columnist, wrote yesterday that if he wants to ride out the 2011, Asia Economics We must guard against "ten ambush".

First, US debt Downgrade crisis. Amid investors' fear of the 2008 financial crisis, the news of the US downgrade caused panic in the market. Asia must come up with an excellent balance plan, not only to reduce the US dollar, but also to shake the market base and affect its investment.

The second, second recession. Without the support of European and American consumers, there will be no problem for the Asian economy to maintain its growth for two or three years. But four or five years? Asian economies must learn to adapt to slowing economic growth.

Third, liquidity is rampant. At present, we live in a world of zero interest rates. Asian economies such as Thailand and Korea worried about the inflow of hot money and asset bubbles a year ago.

Fourth, the dissolution of the euro zone. Greece's debt default seems inevitable, and the situation in Ireland, Portugal and Spain is deteriorating. But what really makes the market difficult is Italy. If Germany is tired of the role of "savior" and wants to restore Mark's use, how should Asia deal with it?

Fifth, deflation. Global demand shrank from deflation. From the us to Singapore, consumer prices all over the world are in a downward trend. The sluggish demand is a bigger problem.

Sixth, the IPO boom is waning. Asia has become a IPO town in recent years, but in the future, the issue of new shares in Asia will cool down, and there is a lack of stock financing channels, and the pace of accumulation of corporate wealth may slow down.

Seventh, China inflation Aggravate. China's high-speed economic train is still on the road, but the price of high growth is high inflation, and the resulting chain reaction is disliked by Asia and even the whole world.

Eighth, sudden change. The occurrence of many big events is often not what we can imagine, who can guarantee that the market will not be destroyed in these "accidents" one day.

Ninth, lack of cooperation. On the surface, Asia makes people feel close to each other, but this is not the case. Now Asian economies are better suited to "sweep the snow before everyone else". In fact, the whole world is like this.

Tenth, the group has no head. Rarely does the world require such a credible, realistic and forward-looking overall economic policy as it is now.