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Reference News Network June 30 reported that "Japanese Economic News" Web site on June 29 publication entitled "Vietnam's economy may slow down due to confrontation with China," the article, the reporter for the Ito school. The article said that the South China Sea territorial Vietnam because "sovereignty" issue a long-term confrontation with China, economic growth may decelerate along. Chinese enterprises to stop the infrastructure development, if Chinese tourists continued Coach Outlet to decline, then the real gross domestic product this year, Vietnam (GDP) growth rate is bound to decrease. Although the Vietnamese government and enterprises proposed "to get rid of China" slogan, and strive to reduce dependence on China economically, but we really want out of China will probably take a long time. In Hanoi southwestern city constructed by Chinese companies 2A railway line since mid-May has been in a state of suspension. At the construction site, construction equipment suffers from wind and rain.

Who understand the situation of the project, said: "After the anti-Chinese protests, the Chinese workers would never appear." Total investment of the project is $ 530 million, of which nearly 80% of financial assistance provided by the Chinese. This line of 13 Coach Outlet Store kilometers long railway viaduct and bridge piers have been built part, was originally scheduled to be completed in this year's. Ha Tinh province in central Vietnam, the Formosa Plastics Group steelworks blast furnace construction projects are also affected. In mid-May, the construction of the project Chinese companies violent attacks on anti-worker protests, the number of workers killed. Since then, thousands Coach Factory Outlet of workers in most of the return to China, the project then ceased. Scheduled for next year in May to the blast furnace ignition, now seems afraid to be postponed for several months.

In terms of tourism, the Chinese people "to avoid the Vietnam" phenomenon is very obvious situation exit or cancel hotel reservations tours successive appearance, June (as of now) Chinese visitors dropped in 29.5%. These violent conflicts from less than two months now happening in Vietnam, at present, a significant change is very dependent on China's economic situation in Vietnam. According to local media reports, Vietnam recently planned 20 power plant EPC (engineering, procurement and Coach Wallets construction) contract, there are 15 Chinese enterprises are obtained. Some people worry, "Once China abdicated, power plant construction will be stalled." Vietnam Economic Policy Research Center and the National University of Hanoi released predicted that by the end of May, due to opposition in Vietnam, 2014 Vietnam's real economic growth rate will be between 4.15% -4.88%, compared with the previous forecast of 5.4% -5.5% down nearly 1 percentage points. Japan's Mizuho Coach Sunglasses Research Institute also put growth forecast for Vietnam from 6% down to 5.6%. These figures are lower than the 5.8% target set by the government of Vietnam.

2014 January to June (as of now) Vietnamese real GDP growth of 5.18% over the previous year, but from January to June (as of now) Foreign direct investment decreased by 35.3% over the previous year, exports over the same period growth rates have stalled momentum. Vietnamese President Truong Tan Sang month in the official newspaper appeal: "It is necessary to change the status quo reliance on China's early." After the financial Coach Bags 2014 crisis, due to the collateral value of the property has shrunk dramatically, banks are no longer passionate about the business, many financial institutions no longer provide such products altogether. In 2011, as the two partner institutions for home mortgages - Bank of America, Wells Fargo Bank have to stop the service. And by the attached Indy Mac Bank, once very popular elderly Financial Freedom Financial Freedom Fund launched the program (Financial Freedom), developer of the elderly have also been due to the collapse of financial freedom fund companies out of the market in 2011.