In the 1980s Latin American countries ran into debt crisis. Heavy debt has been the shade that cannot be waved all the time. Commercial banks＇ expansionist thrnst into Latin America made these countries go deeply int...In the 1980s Latin American countries ran into debt crisis. Heavy debt has been the shade that cannot be waved all the time. Commercial banks＇ expansionist thrnst into Latin America made these countries go deeply into the debt crisis. International Monetary Fund played an indispensable role in resolving the crisis. It might temporarily steady the financial situation of an area, but it was difficult to stem the enormous economical loopholes of these countries and couldn＇t solve the basic problems of economy, politics and society. It was unable to make the countries pass the crisis substantially.展开更多
Credit rating agency Standard & Poor's on Friday downgraded the U.S.'s rating.Fear is spreading quickly through the market.It's becoming a vicious cycle and could feed into consumers reducing their dem...Credit rating agency Standard & Poor's on Friday downgraded the U.S.'s rating.Fear is spreading quickly through the market.It's becoming a vicious cycle and could feed into consumers reducing their demand as well.Will it has a direct impact on Chinese textile and apparel exports?展开更多
文摘In the 1980s Latin American countries ran into debt crisis. Heavy debt has been the shade that cannot be waved all the time. Commercial banks＇ expansionist thrnst into Latin America made these countries go deeply into the debt crisis. International Monetary Fund played an indispensable role in resolving the crisis. It might temporarily steady the financial situation of an area, but it was difficult to stem the enormous economical loopholes of these countries and couldn＇t solve the basic problems of economy, politics and society. It was unable to make the countries pass the crisis substantially.
文摘Credit rating agency Standard & Poor's on Friday downgraded the U.S.'s rating.Fear is spreading quickly through the market.It's becoming a vicious cycle and could feed into consumers reducing their demand as well.Will it has a direct impact on Chinese textile and apparel exports?
