SIM selected and Comments (1 December)

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Xinhua Xinhua, Nanjing November 29: Premier Wen Jiabao said here on 29 May, we hope that the world's major reserve currency to remain stable. He pointed out that the Chinese keep the yuan exchange rate stability, financial stability of the world and made important contributions to economic development. We will continue to follow the initiative, controllability and gradual manner, enhanced exchange rate flexibility, and keep the RMB exchange rate at a reasonable and balanced level basically stable.
recent years  from Western countries to revalue its currency's remarks not stopped, the financial crisis struck, national economies are subject to different levels of combat, and therefore requires the appreciation of the yuan much more vigorous than ever, and even some countries have also come up with a trade protection Doctrine Sunzhao. from our country's economic development and China's economic contribution to the world economy perspective, it is easy to see that RMB appreciation not only harm China's economic growth, but also conducive to world economic recovery. In the above message, the temperature Jiabao, the Prime Minister expressed the hope that the world's major reserve currency remained stable, mainly refers to the depreciation of the dollar allowed the U.S. government. continue to follow the initiative, controllability and gradual manner, and enhance flexibility of RMB exchange rate, which indicates that our government of Western countries to pass through the exchange rate risks and protest oppression of RMB appreciation, but also means that China's exchange rate policy will continue to adhere to its own principles, not easily shaken. from Premier Wen's speech, China hopes the stability of RMB, the short term does not appear to appreciate significantly. ( The message for the macro-neutral preferences, foreign trade plate good)
11 new loans may be slightly higher than the Shanghai Securities News last month
: experienced a sharp decline in October, November of the new loans may be recovery. but considering the prudential requirements of regulators, is expected to rise in new loans will not be too much. Commercial Bank have revealed that in late November, the four rows of workers and peasants in the construction of new loans has exceeded 100 billion, taking into account may occur a few days at the end of the scale of the phenomenon of small red, and personal mortgage loans in November as extremely strong, so the month of new loans may be slightly higher than October's 253 billion yuan. It is noteworthy that, regulators also said authorities recently , may increase this year of new loans of about 9.7 trillion, higher than market expectations of 9.5 trillion. central bank data show that 1-October RMB loans increased 8.92 trillion yuan, which means that the last two months of the year new loans may be seven or eight billion.
 October fall in new loans is not totally out of the market's expectations, because the impact by the National Day holiday, October banking days less,Bailey UGG boots, another historical experience also shows that in October the amount of new loans has always been low. As for this month's new loans,UGG boots, according to the above may be slightly higher than last month, sources said, we believe that the existence of demand for loans as well as the rigidity of working days in November rose Therefore, the amount of new loans should be higher than in October, another, 11 January China's property market is more popular, so the mortgage banks should also be compared to October increase in bank performance evaluation of the factors, we believe that new loans in November should be at least 300 billion or more. For this year the total of new loans, we believe that more than 9.5 trillion of suspense is not too great, next year should be around 7 trillion. substantial increase in the amount of loans in favor of economic recovery and development.