the Credit Index and turnover of Yiwu Market double down
China Credit Research Center of Peking University professor Zhang cheng said yiwu as the forefront of China’s reform and opening up and National comprehensive reform pilot area of trade, has relatively high dependence on foreign trade, yiwu market transactions and credit have been suffering from a complex international political and economic situation.Global economic instability damage Yiwu”By the U.S. debt crisis, debt crisis, and political turmoil in East and North Africa and many other factors, slowing the pace of world economic recovery. under the influence of ‘butterfly effect’, in the fure may trigger a new round of global financial crisis, the harm or even more than the global financial crisis in the end of 2008.”
