Increases in interest rates will only is the real challenge faced by the fed

Cut the QE may not difficult, but the exit road is not flat, interest rates will is a real challenge faced by the fed. Since 2008, the fed has cut short-term interest rates close to zero,SCH40 ASTM A106 GR.B carbon steel pipe to help the economy from recession to recovery. The fed has promised to maintain short-term interest rates near zero, until the unemployment rate fell to 6.5% or less.

Credit suisse is expected, the federal reserve will insist, shrinking QE, net purchase assets down to zero, short-term interest rates are still close to zero for a long time. Even if short-term interest rates eventually rise, the fed will not sell assets, but to allow the maturity of bonds and normalization of amortization.The fed will be released at the meeting on Wednesday for the first time in 2016 economic forecast,Welding Socket Weld slip on flange the latest economic data (310358, fund it) prediction (especially) the unemployment rate will affect the market rate for the future direction of the judgment. Last publish economic forecast is in June, when the forecast is to the fourth quarter of 2015, the U.S. unemployment rate will fall to about 6%, the rate of inflation is close to 2%.

Expectations for the fed to cut QE have greatly pushed Treasury bond yields, and also push up global sovereign bonds and corporate bond yields."The time has come for a higher interest rate." Turkey's deputy prime minister Ali Babacan (Ali Babacan) said last week in the summer davos BBS.Chief economist at high frequency economics,ASTM A53 carbon steel seamless pipe wei for berg (Carl Weinberg) said: "the market is not willing to see the U.S. interest rates rise, the rest of the world is not ready to face higher borrowing costs."

When the U.S. economic recovery momentum in early 1994, the fed has also opened monetary tightening, the results not only in the United States bond market collapse, all global markets. ECB executive board member, Mr Joerg (his) not long ago,standard specification for seamless carbon steel mechanical tubing warned in a higher degree of globalization today, the fed tightening global spillover effects may be more than 1994 years.

To prevent interest rates as the us, the bank of England and the European central bank interest rate policy has been introduced in the summer "forward-looking guidance", trying to convince markets that the economic recovery to a satisfactory level before the central bank will cut its benchmark interest rates at low levels. But so far, the effect of predictive guidance is limited, Britain and the euro zone's long-term borrowing costs continue to rise.

In 2017 the national supplier five fuel

Planning requirements, Beijing, Shanghai, guangzhou and other big cities to strict limits on motor vehicle ownership, by encouraging green travel, increasing the use of cost,JIS B2220 Blind Flange reduce the strength of motor vehicle use.In addition to control the car, but also reduce the emissions of pollutants. Plan requirements, argues vigorously by the end of 2013, the national supply of the four standard gasoline; Before the end of 2014, the national supply of the four standard diesel; By the end of 2015, beijing-tianjin-hebei, Yangtze river delta, the pearl river delta region key city,carbon steel seamless pipe Schedule 120 Q235 steel pipe such as comprehensive supplies automotive gasoline and diesel oil with the five standards; By the end of 2017, the national supply conforms to the five standards of automotive gasoline and diesel.

In addition, by 2017, will eliminate consists of national basic car.Wang yuesi said, motor vehicle pollution has three aspects: oil,Industry Standard Welding Neck Flange road, car. The oil is the foundation. "The oil of our country, even the five oil, is distinct, and the five oil quality there is a big problem."

Alkanes in gasoline in our country, he said, is too low, olefins and aromatics. In addition, there are oil companies in order to save costs, illegal use of additives, the quality is very bad,1/2 inch Seamless Steel Pipe ASTM A53 SCH40 prominent question is more nitrogen oxides and particulate emissions.

Wang yuesi worry about whether the five criteria of diesel vehicles can truly implement, because most of the diesel emission is not qualified. China automotive technology research center, senior engineer Fang Maodong also said that at present our country's most prominent or diesel oil problem, for a period of time in the future should focus on tackling a problem of diesel pollution.

For 3 big cities such as the use of economic measures, such as congestion charging wang yuesi agreed, but he felt, after fees are used for environmental protection or other purposes, should be transparent, "give people a list".

Hangang benefit from cooperation

The end of December 2005, the national development and reform commission approval "hangang structure optimization" master plan of industrial upgrading, Hot Expanded welded spiral steel tube agreed to invest in hangang factory in western new 4.6 million tons of high-quality goods plank base. Two years later, steel mills leading conveniently northward, baosteel group in May 2007 with the plant to equity joint venture founded the han bao steel co., LTD.

According to media reports, baosteel had calculated that by holding hangang, gradually infiltrated the hebei market, in order to improve its strategic north. However, as the hebei iron and steel group, short radius 90 degree elbow "was born," baosteel group had to choose to let it go: in 2009, hangang group purchase hold 50% stake in bao steel, baosteel baosteel withdraw han treasure company.

Four years later, baosteel and hangang this brief cooperation, still let is hebei iron and steel group managing director and tangshan chairman yu yong from crying. "When I was in tangshan, astm a234 seamless carbon steel tee special envy hansteel with baosteel, the cooperation of the two enterprises achieved a place baosteel really first-class enterprise platform." Yu yong said.
Now, he said, from the plant, design, equipment planning, in the industry is very competitive, but without the intervention of baosteel, hangang this standard is built not the west, west "if baosteel was not out of the plant will be more competitive than now".

At present, the plant is the most competitive part of hebei iron and steel group, well-equipped, the craft is copy not only reasonable, galvanized steel pipe manufacturers china the product is higher, also is the group in areas of high profitability. Though sluggish iron and steel industry, hangang 5 million tons of projects still remain profitable on the west, the current profitability of per ton steel in 300 yuan.

For the collaboration with hangang, Mr Xu is not too much. "Everyone in exploring how to walk, as to how to restructure, no one can open a prescription, most of the time also is in the trial and error."

He said that the cooperation of the two is a process, this process does not mean baosteel and hangang so walking is successful, the enterprises have to environment, don't think it is good to join the baosteel, because under sasac tube, might as well in hebei province sasac tube well, because it's too big ".

Banks tightened mortgage intensified

It is understood that since this year, many places have spread the message of bank suspended mortgages. So far, the short radius 90 degree elbow country already has in Beijing, Shanghai, guangzhou, shenzhen, hefei and other cities which appears to suspend mortgage ASME B16.9 45 Deg Long Radius butt weld Elbow situation, especially in recent days, seems to have a tendency to spread.And this kind of trend not only geographically, also performed in smaller Banks begin to spread to state-owned big line. Previously, the reporter found in the survey, suspended mortgages in the majority with shares and city firms, state the five line audit strictly, loan extension Used for water transportation low pressure steel pipes phenomenon, but not closed. But according to the jung an online news on September 9, hefei recently suspended for second-hand housing loans in the four Banks, three is the state-owned big line. Thus, state-owned large lines of the previous "detachment" attitude seemed to be broken.

Some well-known real estate intermediary Double-sided submerged arc welding steel pipe company guangzhou agent to the "daily economic news" reporter said that recently the mortgage has been tightening, now you will have no discount, and there are several Banks has joined the suspended in the last two weeks of force, as to which several Banks, the estate agent were not disclosed.

The indications are that Banks tightened mortgage trend intensified, while the second-hand housing loans had borne the brunt of the hard-hit town is closed. According to a report in the reports when online, there is no suspension of second-hand housing loan business of Banks, interest rates are also appear relatively substantially rise. Everbright bank in hefei area as an example, although there is no suspension of second-hand housing loans, but the first suite lending rates based on the benchmark interest rate to rise 10%, 20% higher than the second suite, but also need to wait for lending.

Even after the relatively loose accumulation fund loan, now have also been affected. , according to media reports that wik ansett's statistics show that the volume in the August Beijing accumulation fund loan from last month fell by around 30%, the tube affected by line tension of accumulation fund loan to decline significantly, and the overall consumption of accumulation fund loan proportion is reduced to 30% from 20%.

Innovation instead of "developed" or not

The world economy BBS, founder and executive chairman Klaus schwab, emphasizes the important role of innovation. In the JIS MS plate flat welded forged flange future, he said, "the rich" and "less developed" the traditional boundaries between countries will gradually disappear, the report will also use more similar to the "innovation" and "innovation" poverty standard to differentiate.

Referring to substitute the innovation ability "developed" and "less developed" countries such as the traditional boundaries astm a234 CS seamless elbow R=1.5D between, Klaus schwab, think in terms of an economy to prosper in the future, innovation has become increasingly astm a53/a106 steel tube standards critical. He also urged business, government and civil society leaders to work together, build can promote the innovation of education system and environment.

This year the global coverage of 148 economies in the report, the Swiss continue tops the list, followed by Singapore and API 5L X65 Steel Pipe Finland. Germany's ranking rose two places to fourth, the United States to reverse the downward trend in the four years in a row, rose by two, ranked fifth. Sweden (6), Netherlands (eighth) and British (10th) rankings are decreased. Hong Kong, China, Taiwan and China respectively in the 7th and 12th, Japan and South Korea ranked ninth and 25th.

For these small countries in the world, Switzerland, Singapore, Finland competitiveness rankings, while countries such as Germany and the United States behind them, Chen Jiangsheng said: "this is not hard to understand, because the world economy BBS global competitiveness report not in terms of economy, but the government efficiency, market environment, the innovation vigor, anti-corruption measures, such as some small countries in these areas have an advantage."