{"id":75960,"date":"2012-12-20T13:02:08","date_gmt":"2012-12-20T13:02:08","guid":{"rendered":"https:\/\/bm.dev.synology.me\/?p=75960"},"modified":"2026-04-03T09:49:19","modified_gmt":"2026-04-03T09:49:19","slug":"china-este-amenintata-de-o-criza-a-creditelor-de-tipul-celei-din-sua-din-2008","status":"publish","type":"post","link":"https:\/\/bm.dev.synology.me\/?p=75960","title":{"rendered":"China este amenin\u0163at\u0103 de o criz\u0103 a creditelor de tipul celei din SUA din 2008"},"content":{"rendered":"

Unul dintre principalii factori declan\u015fatori ai crizei financiare care a \u00eenceput \u00een SUA sunt cre\u00additele subprime, \u00eemprumuturi ipo\u00adtecare cu risc mare de incapacitate de plat\u0103. \u00cen China, cele mai po\u00adpu\u00adlare instrumente financiare ale momentului se numesc “Wealth Management Products” (WMP, produse de administrare a averii), create \u00een sistemul bancar “gri” al Chinei, adic\u0103 de c\u0103tre institu\u0163ii financiare nebancare scutite de la regle\u00adment\u0103rile care se aplic\u0103 b\u0103ncilor. WMP-urile sunt produse investi\u0163ionale cu maturitate mic\u0103, uneori de c\u00e2teva s\u0103pt\u0103m\u00e2ni, care promit c\u00e2\u015ftiguri mai mari dec\u00e2t depozitele obi\u015fnuite, cu riscuri foarte mici. Banii se duc \u00een investi\u0163ii obscure, \u00een multe cazuri foarte riscante, precum proiecte imobiliare speculative. Ini\u0163ial, pro\u00addusele au fost considerate un mod avantajos prin care b\u0103ncile chineze pot rezolva problema creditelor ne\u00adperformante \u015fi prin care cet\u0103\u00ad\u0163enii \u00ee\u015fi pot m\u0103ri averea cu inves\u00adti\u0163ii mai profitable dec\u00e2t depozitele bancare, noteaz\u0103 Thomson Reu\u00adters. \u00cens\u0103, \u00een contextul \u00een care eco\u00adnomia Chinei \u00eencetine\u015fte, anali\u015ftii se tem c\u0103 WMP-urile vor avea dificult\u0103\u0163i \u00een a men\u0163ine ritmul curent al influxului de lichiditate \u00een pia\u0163\u0103. De asemenea, nu este clar cine ar fi bun de plat\u0103 dac\u0103 pro-dusele intr\u0103 \u00een default.<\/p>\n

Mai multe pe zf.ro<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China are dificult\u0103\u0163i cu o eco\u00adnomie care cre\u015fte lent \u00een compa\u00adra\u0163ie cu ritmurile astronomice din ultimii ani, dar foarte cur\u00e2nd s-ar putea confrunta cu o criz\u0103 a cre\u00additelor de tipul celei care a \u00eenge\u00adnuncheat economia SUA \u00een urm\u0103 cu patru ani. Ingredientele sunt acelea\u015fi: investi\u0163ii aparent lipsite de risc, dar cu randament ridicat, opacitate \u015fi investitori care nu pun prea multe \u00eentreb\u0103ri, scrie CNBC.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[510],"tags":[6545,485,182,106],"class_list":["post-75960","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-china","tag-credite","tag-criza","tag-sua"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/75960","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=75960"}],"version-history":[{"count":1,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/75960\/revisions"}],"predecessor-version":[{"id":89425,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/75960\/revisions\/89425"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=75960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=75960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=75960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}