E agora algo completamente diferente: a crise financeira (5)

 

Roubini voltou esta semana aos presságios negros, desta vez centrando a sua atenção na China. Trata-se de uma análise que parte de uma equação bastante simples, mas evidente, sobre o modelo de globalização vigente (e que já aqui havíamos mencionado): a China actua como produtor global e a América como consumidor de última instância; falhando este, o modelo é afectado nos seus pilares e na sua essência. E pelo caminho fica a famosa teoria do decoupling.

Por coincidência ou não, aparece agora esta notícia na Bloomberg:

China’s Finance Minister Xie Xuren was called back from an international economic conference in Peru before the meeting began, following orders from Beijing to help resolve problems at home…

“They told him he has to resolve an economic problem and that he’s the only one who could do so,” de Swinnen said. “He was complaining because he had to fly 32 hours to get here and then he had to fly another 32 hours to get back.”

China’s largest banks, with 4 trillion yuan ($586 billion) of cash, are resisting government efforts to boost lending to 42 million small and medium-size companies that drove the economic boom of the past decade. On Nov. 2, the central bank scrapped curbs on loans after three interest rate cuts in seven weeks failed to revive economic growth that has sagged to its slowest in five years.

Half the nation’s toy exporters have closed this year, and 67,000 smaller enterprises filed for bankruptcy in the first half, according to government statistics. Companies with assets of less than 40 million yuan provide three-quarters of urban jobs and 60 percent of China’s gross domestic product…

Xie arrived in Beijing to take care of some “urgent business,” two finance ministry officials, who declined to be named, said today. They didn’t elaborate….

Xie will not attend the Group of Twenty meetings in Sao Paulo, Brazil, this weekend, one finance ministry official said. Xie’s attendance for next week’s Washington summit on financial crisis is yet to be confirmed, the official added.

A economia mundial está definitivamente perigosa …