英文要目

Strained Sino-Japanese Relations

The prospect of Diaoyu Island issue is fraught of uncertainty as some right-wing Japanese campaigners are flourishing their success. Some analysts said that the strained Sino-Japanese relations will last for long and China should consider how to ensure the modernization process not to be interrupted by the changing international situation.

Land Reform in Rural Areas Accelerating

The introduction of Regulations Concerning Compensation for the Expropriation of Rural Collective Land is imminent， sources told the Economy and Nation Weekly. The policy is considered by some experts as a crucial step for China’s further land reform.

Will QE3 Do a Good Job?

U.S. Federal Reserve launched QE3 in September， hoping that it stimulates property market and then drives macro economy. However， the transmission mechanism will not work if commercial banks refuse to sharply decrease mortgage rates. QE3 may also cause greater inflation risk and higher rate level.

Property Market Regulation Facing New Uncertainties

Trillions of funds from the central and local governments to be invested in the economy will exert great influence on the property market， mainly due to the present situation of insufficient final demand of real economy. Regulation of property market is facing new uncertainties.