Free Essay

Analysis on M2 & Cpi of China, 1990-2014

In: Business and Management

Submitted By fyxg212121
Words 280
Pages 2
Analysis on M2 & CPI of China, 1990-2014

The chart below demonstrates the broad money (M2) and Consumer Price Index (CPI) of China during the period of 1990 to 2014. The data is picked from the official website of the National Bureau of Statistics of China.

(Data source: National Bureau of Statistics of China)

According to the graph, both two figures show an uptrend in last three decades, and they shows a positive correlation. The M2 of 1990 was only about 1,500 billion yuan, and it increased gradually in the next decade. The growth rate of the CPI kept raising every year, and after the year of 2008 it witnessed a remarkable rise, reaching at 122,840 billion yuan in 2014, which is 80 times of the figure of 1990. At the same time, the CPI ascended from 216.4 in 1990 to over 600 in 2014. During 1993 and 1996, the increase was apparently more rapid than other years. However, in 2009 the number decreased slightly, and this is the only year in which it goes down.

The increase of paper money accelerates the raising speed of M2, and as a result the CPI goes up as well. During 1993 to 1996 the growth rates of CPI were almost 25%, which is incredibly high. Serious inflation was happened around that period, and it turned better between 2000s. In 2010s, however, the bad circumstance seems back again. The amount of M2 rocketed dramatically during the past few years, and it may cause another serious inflation in the near future if the government do not take effective measures soon. This may put some pressure on the government of China.

Similar Documents

Premium Essay

Plastic Industry Brazil

...Potential of Brazilian plastic industry for investment Assignment 02 ECON 5100 Report Objective The main objective of the report is to assuage the potential for investment in the plastics industry in Brazil by GE. To get a better understanding, the report has been broken down into four parts – 1. Evaluation of the Brazilian plastic industry, market structure and demand 2. GE and Brazil 3. The current health of the Brazilian economy measured by the major macro economic factors 4. Strengths and Weaknesses Brazilian plastic industry The Brazilian plastics industry comprises resin manufacturers, machine manufacturers, additives suppliers, tool makers and more than 11,000 converters and plastics recyclers. The major Brazilian resin manufacturers supply a wide profile of grades of plastics resins, such as Polyethylene (LLDPE and HDPE), EVA, Polypropylene, PP compounds, PVC (flexible, rigid and compounds), Polystyrene, PET, SAN, ABS, Polycarbonate and others. Additives, master batches and other basic chemicals are also provided by a number of other raw material suppliers. The industry offers a broad range of products for the automotive, electrical, electronics, IT, packaging, medical, household appliances, agricultural and construction industries. Having a strong manufacturing base with more than 11,000 companies, the Brazilian conversion industry operates with a variety of production processes, such as injection moulding, extrusion, blow moulding,......

Words: 2702 - Pages: 11

Premium Essay

Brazil Economics

...Potential of Brazilian plastic industry for investment Assignment 02 ECON 5100 Report Objective The main objective of the report is to assuage the potential for investment in the plastics industry in Brazil by GE. To get a better understanding, the report has been broken down into four parts – 1. Evaluation of the Brazilian plastic industry, market structure and demand 2. GE and Brazil 3. The current health of the Brazilian economy measured by the major macro economic factors 4. Strengths and Weaknesses Brazilian plastic industry The Brazilian plastics industry comprises resin manufacturers, machine manufacturers, additives suppliers, tool makers and more than 11,000 converters and plastics recyclers. The major Brazilian resin manufacturers supply a wide profile of grades of plastics resins, such as Polyethylene (LLDPE and HDPE), EVA, Polypropylene, PP compounds, PVC (flexible, rigid and compounds), Polystyrene, PET, SAN, ABS, Polycarbonate and others. Additives, master batches and other basic chemicals are also provided by a number of other raw material suppliers. The industry offers a broad range of products for the automotive, electrical, electronics, IT, packaging, medical, household appliances, agricultural and construction industries. Having a strong manufacturing base with more than 11,000 companies, the Brazilian conversion industry operates with a variety of production processes, such as injection moulding, extrusion, blow moulding,......

Words: 2704 - Pages: 11

Free Essay

Student

...Brazil versus China: A comparative study of their relative attractiveness as destinations for multinational firm´s Table of Contents Pg. 1.0 EXECUTIVE SUMMARY 4 2.0 INTRODUCTION 4 2.1 History of Economy in Brazil 5 2.2 History of Economy in China 6 3.0 COUNTRY RISK 7 3.1China Country Risk 7 3.2 Brazil Country Risk 8 3.2.1. Current Political Issues in Brazil 3.3 Risk factors analysis comparison and Key reasons to consider 9 3.4. Current Issues in China 10 3.4.1. Fiscal policy 10 3.4.2. Monetary policy 10 3.4.3. External sector 10 3.4.4. General Political Environment 11 3.4.5. Investment Environment 11 3.4.6. Political Violence 12 3.4.7. China Political Outlook 12 3.5. Current Issues in Brazil 12 3.5.1. Real Sector 12 3.5.2. Monetary 13 3.5.3. External Sector 13 3.5.4. Fiscal 13 3.5.5. Outlook 13 3.5.6. General Political Environment 14 3.5.7. Investment Environment 14 3.5.8. Political Violence 14 3.5.9. Brazil Political Outlook 15 3.6 China Corporate Governance Law 15 3.7 Brazil Corporate Governance Law 16 4.0 FOREIGN EXCHANGE RISK 17 4.1 Brazil Foreign Exchange Risk 17 4.2China Foreign Exchange Risk 18 5.0 EXPANDED......

Words: 10371 - Pages: 42

Premium Essay

Indian Economy Governance

...rP os t 9 -7 1 2 -0 3 8 REV: MARCH 12, 2014 LAKSHMI IYER RICHARD H. K. VIETOR India 2014: The Challenges of Governance op yo Introduction In January 2014, India’s government faced significant economic and social challenges. Economic growth rates had slowed from 10.5% in 2010 to only 4.9% in 2013. Inflation remained stubbornly high at 10.1%, despite sustained interest rates of around 10%, and the rupee/dollar exchange rate depreciated from 45 rupees in March 2011 to 62 rupees in December 2013. tC The ruling Congress Party faced worsening political obstacles as well. After the 2009 elections, the government had found it very difficult to enact substantive new legislation, owing to gridlock caused by opposition political parties and the Congress Party’s own coalition partners. A decision to allow foreign investment in retail megastores had been put on hold following objections by the Trinamool Congress, a key political ally.1 In September 2012, legislation was passed to allow foreign investment in multi-brand retail stores in states which agreed to implement the decision. 2 After making more than 100 amendments to satisfy diverse stakeholders, a new Land Act was passed in August 2013 to enable the state to acquire land for industrial growth more efficiently, with increased compensation for landowners.3 No Over the past few years, a series of high-profile corruption scandals had resulted in the resignation of several cabinet ministers and state chief ministers. These......

Words: 15079 - Pages: 61

Free Essay

Ratio Analysis

...unconventional policy, the European sovereign crisis, and slower growth in emerging markets generally remain, but the acuteness of these issues appears for now to be less sharp. Our 2013 year-end target calls for low-to-mid single digit upside (Exhibit 1) predicated on our view that 2014 corporate earnings are likely to modestly recover from our 2013 forecasted level, perhaps with profits troughing during the April 2013 earnings season. Our year-end 2013 S&P500 price target is 1434, and our bull and bear targets are 1733 and 1135 (Exhibit 1). Our EPS outlook for 2014 is $110.21, up from our 2013 forecast of $98.71, both well below consensus. Improving Michigan Confidence and tightening corporate spreads drive the relative improvement in our earnings outlook. Please see our Interactive Model: S&P500: 2013 Year-End Forecast, also published today, to play with key assumptions and change assumptions for EPS, S&P price-to-earnings multiples and the year-end price target. 3 Themes - China, Yield and Mega Cap Quality: We recommend increasing China exposure, as China-centric US equities have lagged (Exhibit 22) and are cheap (Exhibit 24) vs. US-centric equities. Our Global Economics Team forecasts 1H 2013 China GDP growth will be improving, something not assumed in either the US or Europe. We...

Words: 21028 - Pages: 85

Premium Essay

Secular Sagnation

...Secular Stagnation: Facts, Causes and Cures Edited by Coen Teulings and Richard Baldwin CEPR Press a A VoxEU.org Book Secular Stagnation: Facts, Causes, and Cures A VoxEU.org eBook Centre for Economic Policy Research (CEPR) Centre for Economic Policy Research 3rd Floor 77 Bastwick Street London, EC1V 3PZ UK Tel: +44 (0)20 7183 8801 Email: cepr@cepr.org Web: www.cepr.org ISBN: 978-1-907142-77-2 © CEPR Press, 2014 Secular Stagnation: Facts, Causes, and Cures A VoxEU.org eBook edited by Coen Teulings and Richard Baldwin CEPR Press abcde Centre for Economic Policy Research (CEPR) The Centre for Economic Policy Research (CEPR) is a network of almost 900 research economists based mostly in European universities. The Centre’s goal is twofold: to promote world-class research, and to get the policy-relevant results into the hands of key decision-makers. CEPR’s guiding principle is ‘Research excellence with policy relevance’. A registered charity since it was founded in 1983, CEPR is independent of all public and private interest groups. It takes no institutional stand on economic policy matters and its core funding comes from its Institutional Members and sales of publications. Because it draws on such a large network of researchers, its output reflects a broad spectrum of individual viewpoints as well as perspectives drawn from civil society. CEPR research may include views on policy, but the Executive Committee of the Centre does not give......

Words: 47021 - Pages: 189

Premium Essay

Business Management

...Kelly | McGowen | Williams C en ga Australia • Brazil • Japan • Korea • Mexico • Singapore • Spain • United Kingdom • United States ge Le ar ni ng BUSN BUSN BUSN 6, 6th Edition Kelly | McGowen | Williams © 2014 Cengage Learning. All rights reserved. Senior Project Development Manager: Linda deStefano Market Development Manager: Heather Kramer Senior Production/Manufacturing Manager: Donna M. Brown Production Editorial Manager: Kim Fry Sr. Rights Acquisition Account Manager: Todd Osborne en C Printed in the United States of America ga ge Le Compilation © 2013 Cengage Learning ISBN-13: 978-1-285-88034-1 ISBN-10: 1-285-88034-X Cengage Learning 5191 Natorp Boulevard Mason, Ohio 45040 USA ALL RIGHTS RESERVED. No part of this work covered by the copyright herein LL RIGHT th repro reprodu ted, s may be reproduced, transmitted, stored or used in any form or by any means electro graphic, electronic, or mechanical, including but not limited to photocopying, scann di recording, scanning, digitizing, taping, Web distribution, information networks, a or information storage and retrieval systems, except as permitted under o t Section 107 or 108 of the 1976 United States Copyright Act, without the prior writ written permission of the publisher. pro For product information and technology assistance, contact us at Cen Cengage Learning Customer & Sales Support, 1-800-354-9706 For permission to use material from this text or product,......

Words: 44673 - Pages: 179

Premium Essay

Egypt Economic Overview 2011

...range of information on the performance of the Egyptian economy during the reporting period. The CBE posts the Review on its website: www.cbe.org.eg. Contents Page Main Monetary and Financial Indicators The Leading Article - Output Gap and Its Determinants: The Experience of Egypt ………………………………………… 1- Macroeconomic Performance 1/1 1/2 1/3 1/4 Gross Domestic Product (GDP)……………………………... Employment and Unemployment……………………………. Inflation……………………………………………………… Tourism………………………………………………………. 21 27 28 33 1 2- Monetary and Banking Developments 2/1 2/1/12/1/22/1/32/1/42/1/52/2 2/2/12/2/22/2/32/2/42/2/52/2/6Monetary and Banking Policy and Monetary Aggregates…… Monetary Policy……………………………………………... Reserve Money (M0)………………………………………… Domestic Liquidity (M2) and Counterpart Assets…………... Payment Systems and Information Technology (IT)………... RTGS and SWIFT Local Services…………………………… Banking and Credit Developments…………………………... Banking Reform……………………………………………... Supervision Sector…………………………………………… Overview of Banks' Aggregate Financial Position………….. Interbank Transactions in Egypt……………………………... Deposits……………………………………………………… Lending Activity……………………………………………... 37 37 38 42 46 48 50 50 53 58 60 61 62 3 - Non Banking Financial Sector 3/1 - Stock Market…………………………………………………. 3/2 - Mutual Funds………………………………………………… 66 70 4 - Public Finance and Domestic Public Debt 4/14/1/14/1/24/2 4/2/14/2/24/2/34/2/4Consolidated Fiscal Operations of the General Government. Estimates of the Consolidated......

Words: 48956 - Pages: 196

Premium Essay

Bal Sara R Ase Ki Ne Bal

...BANGLADESH TRADE POLICY SUPPORT PROGRAMME Comprehensive Trade Policy Of Bangladesh - Draft Final, 15.09.14 - Trade Policy Support Programme (TPSP) Project Task Force – HAK Tower (2nd floor) 3/C-1 Karwan Bazar, Dhaka 1215, Bangladesh 0 BANGLADESH TRADE POLICY SUPPORT PROGRAMME TABLE OF CONTENTS List of Abbreviations ........................................................................................................................ 6 Preamble ....................................................................................................................................... 10 Chapter 1: Rationale, Objectives and Constituents ..................................................................... 11 1.1 Rationale .............................................................................................................................. 11 1.2 Objectives ............................................................................................................................ 14 1.3 Constituents............................................................................................................... 16 1.3.1 Trade in Goods....................................................................................................... 16 1.3.2 Trade in Services and Investment.......................................................................... 17 1.3.3 Behind the Border Policies ....................................................................................

Words: 87571 - Pages: 351

Premium Essay

Singapore Healthcare Report

...Q3 2010 www.businessmonitor.com siNGapore pharmaceuticals & healthcare report INCLUDES 10-YEAR FORECASTS TO 2019 issN 1748-216X published by Business monitor international ltd. SINGAPORE PHARMACEUTICALS & HEALTHCARE REPORT Q3 2010 INCLUDING 5-YEAR AND 10-YEAR INDUSTRY FORECASTS BY BMI Part of BMI’s Industry Report & Forecasts Series Published by: Business Monitor International Copy deadline: June 2010 Business Monitor International Mermaid House, 2 Puddle Dock, London, EC4V 3DS, UK Tel: +44 (0) 20 7248 0468 Fax: +44 (0) 20 7248 0467 Email: subs@businessmonitor.com Web: http://www.businessmonitor.com © 2010 Business Monitor International. All rights reserved. All information contained in this publication is copyrighted in the name of Business Monitor International, and as such no part of this publication may be reproduced, repackaged, redistributed, resold in whole or in any part, or used in any form or by any means graphic, electronic or mechanical, including photocopying, recording, taping, or by information storage or retrieval, or by any other means, without the express written consent of the publisher. DISCLAIMER All information contained in this publication has been researched and compiled from sources believed to be accurate and reliable at the time of publishing. However, in view of the natural scope for human and/or mechanical error, either at source or during production, Business Monitor International accepts......

Words: 29653 - Pages: 119

Free Essay

Digital Bangladesh

...Final Draft PERSPECTIVE PLAN OF BANGLADESH 2010-2021 ____________________________ MAKING VISION 2021 A REALITY General Economics Division Planning Commission Government of the People’s Republic of Bangladesh April 2012 Contents ABBREVIATIONS ...............................................................................................................................v PREAMBLE of the Perspective Plan (2010-2021) ............................................................................ 1 I. ............................................................................................................... Context of the Perspective Plan .................................................................................................................................................................. 1 II. .......................................................................................... Current state and Development Perspective .................................................................................................................................................................. 1 EXECUTIVE SUMMARY .................................................................................................................... 2 CHAPTER 1: VISION FOR A PROSPEROUS FUTURE........................................................................ 10 1.1 The Vision ..........................................................................................................

Words: 49012 - Pages: 197

Free Essay

Budget

...OVERVIEW UNITED STATES DEPARTMENT OF DEFENSE FISCAL YEAR 2014 BUDGET REQUEST APRIL 2013 OFFICE OF THE UNDER SECRETARY OF DEFENSE (COMPTROLLER) / CHIEF FINANCIAL OFFICER Preface The Overview Book has been published as part of the President’s Annual Defense Budget for the past few years. This continues for FY 2014, but with modifications as proposed by congressional staff. From FY 1969 to FY 2005 OSD published the “Annual Defense Report” (ADR) to meet 10 USC Section 113 requirements. Starting with the President’s FY 2006 Budget, this report was no longer produced. Subsequently, the Overview began to fill this role. This year to ensure compliance with Section 113, new chapters are added to include reports from each Military Department on their respective funding, military mission accomplishments, core functions, and force structure. Key initiatives incorporated in the FY 2014 Defense budget. Our budget is formulated based on aligning program priorities and resources based on the President’s strategic guidance. This year’s budget involves key themes to: achieve a deeper program alignment of our future force structure with resource availability; maintain a mission ready force; continue to emphasize efficiencies by being even better stewards of taxpayer dollars; and continue to take care of our people and their families. Implementing Defense Strategic Guidance. The FY 2014 budget request continues the force structure reductions made in the FY 2013 budget request.......

Words: 74297 - Pages: 298

Premium Essay

Google

...Deardorff's Glossary of International Economics - A - Above the line |In balance of payments[->0] accounting, this refers to those transactions that are included in calculating the balance of payments surplus[->1] or deficit. Transactions below the line, typically official reserve transactions[->2] and sometimes short term capital flows[->3], are not included. | Absolute advantage |The ability to produce a good at lower cost, in terms of real resources, than another country. In a Ricardian model[->4], cost is in terms of only labor. Absolute advantage is neither necessary nor sufficient for a country to export a good. See comparative advantage[->5]. | Absolute advantage trade policy |The idea, advocated by opponents of globalization[->6], that a country should import only goods in which other countries have an absolute advantage[->7], particularly goods that the importing country cannot (or cannot "reasonably") produce itself. | Absolute Purchasing Power Parity |See purchasing power parity[->8]. | Absorption |Total demand for final goods and services by all residents (consumers, producers, and government) of a country (as opposed to total demand for that country's output). The term was introduced as part of the Absorption Approach[->9]. | Absorption approach |A way of understanding the determinants of the balance of trade, noting that it is equal to income minus absorption. Due to Alexander (1952)[->10] | Abundant |Available in large supply. Usually......

Words: 122814 - Pages: 492

Free Essay

Negocios

...Inserción de Costa Rica en la Economía Mundial Los primeros 20 años en el Sistema Multilateral de Comercio Ministerio de Comercio Exterior de Costa Rica Enero, 2012 382.972.86 C8375i Costa Rica. Ministerio de Comercio Exterior Inserción de Costa Rica en la Economía Mundial: los primeros 20 años en el Sistema Multilateral de Comercio / Ministerio de Comercio Exterior.– 1. ed.– San José, C.R.: COMEX, 2012, enero. 278 p. ISBN: 978-9968-676-04-5 1. COSTA RICA - COMERCIO EXTERIOR 2. ECONOMÍA INTERNACIONAL. 3. POLÍTICA COMERCIAL. 4. SISTEMA COMERCIAL MULTILATERAL. I. Título INSERCIÓN DE COSTA RICA EN LA ECONOMÍA MUNDIAL Índice Prólogo PARTE I. Inserción de Costa Rica en la Economía Mundial. Proceso, Institucionalidad, Resultados y Retos Colaboradores y agradecimientos 1. 2. Introducción Evolución del proceso de inserción de Costa Rica en la economía mundial viii 1 4 10 15 16 20 23 30 40 40 42 43 45 46 47 49 50 52 53 56 57 59 61 61 64 64 67 71 74 84 85 95 96 100 103 103 109 109 vii 2.1 Primeros esfuerzos de promoción de exportaciones no tradicionales (1968-1983) 2.2 Nuevos esfuerzos en la promoción de las exportaciones no tradicionales (1984-2010) 2.2.1 Contratos de Exportación y Régimen de Admisión Temporal 2.2.2 Régimen de Zonas Francas 2.2.3 Apertura Unilateral 2.3 Negociaciones comerciales multilaterales 2.4 Negociaciones comerciales bilaterales 2.4.1 Tratado de Libre Comercio entre la República de Costa Rica y los Estados Unidos Mexicanos 2.4.2 Tratado......

Words: 124222 - Pages: 497

Premium Essay

Smrt Financial Anaysis

...64 0.3% Education 56.1% Corporate Giving in FY2012 86 76 Social Services Operating & Financial Review Fare Revenue ($m) 68 72 CEO's Message Company Overview & Background Group Performance Value Added & Economic Value Added Analysis SMRT and Our Shareholders SMRT Trains & SMRT Light Rail SMRT Buses SMRT Automotive Services SMRT Taxis SMRT Investments (Properties & Media) SMRT International & SMRT Engineering 749.6 9.4 213.1 800.5 10.1 76 220.4 82 84 527.1 569.9 86 92 96 FY2011 Train Bus FY2012 LRT 98 100 102 Financial Report 105 190 191 193 203 Financial Contents Group Properties & Interested Person Transactions Shareholding Statistics Notice of Annual General Meeting Proxy Form SMRT Corporation Ltd Annual Report 2012 1 Milestones 1987 Singapore’s first Mass Rapid Transit system (MRT) opens for service Train service from Yio Chu Kang to Toa Payoh commences Train service from Novena to Outram Park commences 1988 Train service from Tiong Bahru to Clementi commences Train service from Jurong East to Lakeside commences Train service from Kathib to Yishun commences 1989 Train service from Bugis to Tanah Merah commences Train service from Simei to Pasir Ris commences 1990 Train service from Bukit Batok to Choa Chu Kang commences Boon Lay station opens for passenger service 1996 Train service from Yishun to Choa Chu Kang commences 2003 Attains ISO 9001:2000 certification for achieving quality......

Words: 73022 - Pages: 293