news from PCB Assembly china manufacturer
In recent months, pcba china overseas markets bearish sentiment began to rise, mainly because of three guesses: First, China's real estate market down turn into collapse; Secondly, the Chinese financial position of the large-scale deterioration of local government debt; Third, Wenzhou and other places of the underground network will lead to credit a large-scale financial crisis sweeping the country. In fact, despite many problems, but the Chinese economy is still in good condition, so at least for now. China is still far from the rocks appear dangerous.
Since the 21st century, skyrocketing housing prices in pcb assembly china there has been only slightly during the global financial crisis, callback, since last year, the Chinese government regulation of real estate speculation, housing prices in October this year, the first decline this year, real estate investment growth also slowed down. However, the decline in house prices will not become a collapse, because the speculative demand from the market after extrusion, the real demand for housing remains strong. As long as house prices fall to sustainable levels, buyers will enter the market, when prices will bottom. In addition, because China has no sub-prime mortgage loans, down payment as high as 50% -60%, so even a drop in house prices will not hit China's banking industry.
In the past decade, pcba manufacturer fixed asset investment in real estate investment is the largest one, is the most important drivers of economic growth. In fact, since since the late 1990s, real estate investment to GDP ratio is far higher than countries such as Japan and South Korea, the level of high-growth period. As per capita income less than $ 5,000 in developing countries, to focus resources on reinforced concrete is wrong. Despite the sharp decline in real estate investment in China's economic growth will have a negative impact, but not too fast as long as the decline of China is more good than harm.