In a monetary economy, nominal aggregate demand decides real aggregate supply in the short term.
By the end of 1994, there was a financial crisis in Orange County, California, US, caused by its huge losses in financial derivative transactions.
A substantial growth drop in the three leading industries of mechanical and electrical product manufacturing, real estate and auto-making is a direct contributor to China's slowing GDP growth rate in recent years.
Ownership structure has a profound influence on macroeconomic operations.
China is now undertaking arduous work in affordable housing construction with great financial burden.
China's economic growth rate has been declining recently for the following reasons.
Market expansion and social development are two trends that can complement each other.