{"id":5695,"date":"2020-01-02T00:05:47","date_gmt":"2020-01-01T23:05:47","guid":{"rendered":"http:\/\/east-sea.de\/?p=5695"},"modified":"2020-01-09T23:40:11","modified_gmt":"2020-01-09T22:40:11","slug":"tieng-viet-chuyen-gia-canh-bao-cuoc-khung-hoang-kinh-te-moi-tam-chan-la-tq","status":"publish","type":"post","link":"http:\/\/east-sea.de\/vi\/2020\/01\/02\/tieng-viet-chuyen-gia-canh-bao-cuoc-khung-hoang-kinh-te-moi-tam-chan-la-tq\/","title":{"rendered":"Chuy\u00ean gia c\u1ea3nh b\u00e1o cu\u1ed9c kh\u1ee7ng ho\u1ea3ng kinh t\u1ebf m\u1edbi, t\u00e2m ch\u1ea5n l\u00e0 TQ"},"content":{"rendered":"<div class=\"info-head-blog\"><strong><em>C\u00e1c nh\u00e0 ph\u00e2n t\u00edch c\u1ee7a Ng\u00e2n h\u00e0ng Th\u1ebf gi\u1edbi cho r\u1eb1ng, cu\u1ed9c suy tho\u00e1i trong t\u01b0\u01a1ng lai s\u1ebd l\u00e0m lu m\u1edd t\u1ea5t c\u1ea3 c\u00e1c cu\u1ed9c suy tho\u00e1i tr\u01b0\u1edbc \u0111\u00f3.<\/em><\/strong><\/div>\n<p><img src=\"http:\/\/www.biendong.net\/images\/1_1_8_H.PNG\" alt=\"\" \/><\/p>\n<div class=\"content-main-sport\">\n<p>H\u01a1n 10 n\u0103m tr\u00f4i qua k\u1ec3 t\u1eeb cu\u1ed9c kh\u1ee7ng ho\u1ea3ng t\u00e0i ch\u00ednh to\u00e0n c\u1ea7u, c\u00e1c nh\u00e0 ph\u00e2n t\u00edch c\u1ee7a Ng\u00e2n h\u00e0ng Th\u1ebf gi\u1edbi c\u1ea3nh b\u00e1o: th\u1ebf gi\u1edbi \u0111ang b\u00ean b\u1edd v\u1ef1c cu\u1ed9c kh\u1ee7ng ho\u1ea3ng m\u1edbi. Cu\u1ed9c suy tho\u00e1i trong t\u01b0\u01a1ng lai s\u1ebd l\u00e0m lu m\u1edd t\u1ea5t c\u1ea3 c\u00e1c cu\u1ed9c kh\u1ee7ng ho\u1ea3ng kinh t\u1ebf tr\u01b0\u1edbc \u0111\u00f3.<\/p>\n<p><strong>Lu m\u1edd c\u00e1c cu\u1ed9c suy tho\u00e1i qu\u00e1 kh\u1ee9<\/strong><\/p>\n<p>11 n\u0103m tr\u01b0\u1edbc, m\u1ed9t s\u1ef1 suy tho\u00e1i to\u00e0n c\u1ea7u x\u1ea3y ra tr\u01b0\u1edbc cu\u1ed9c kh\u1ee7ng ho\u1ea3ng th\u1ebf ch\u1ea5p \u1edf M\u1ef9. Khi \u0111\u00f3, c\u00e1c ng\u00e2n h\u00e0ng M\u1ef9, tr\u01b0\u1edbc s\u1ef1 s\u1ee5t gi\u1ea3m m\u1ea1nh v\u1ec1 nhu c\u1ea7u vay v\u1ed1n, \u0111\u00e3 \u0111\u01b0a ra m\u1ed9t s\u1ea3n ph\u1ea9m m\u1edbi \u2013 \u201cth\u1ebf ch\u1ea5p d\u01b0\u1edbi chu\u1ea9n\u201d v\u1edbi nh\u1eefng y\u00eau c\u1ea7u th\u1ea5p h\u01a1n \u0111\u1ed1i v\u1edbi ng\u01b0\u1eddi vay.<\/p>\n<p>\u0110\u1ec3 gi\u1ea3m thi\u1ec3u r\u1ee7i ro n\u1ee3 x\u1ea5u, \u0111\u1eb7c bi\u1ec7t trong l\u0129nh v\u1ef1c cho vay nh\u00e0 \u1edf, c\u00e1c c\u00f4ng c\u1ee5 ph\u00e1i sinh \u2013 ch\u1ee9ng kho\u00e1n h\u00f3a \u2013 b\u1eaft \u0111\u1ea7u \u0111\u01b0\u1ee3c ph\u00e1t h\u00e0nh cho tr\u00e1i phi\u1ebfu th\u1ebf ch\u1ea5p. C\u00f3 ngh\u0129a l\u00e0, c\u00f3 th\u00eam nh\u1eefng ngh\u0129a v\u1ee5 m\u1edbi g\u1eafn li\u1ec1n v\u1edbi m\u1ee9c \u0111\u1ed9 r\u1ee7i ro c\u1ee7a ch\u1ee9ng kho\u00e1ng th\u00f4ng th\u01b0\u1eddng: c\u00e1c c\u00f4ng c\u1ee5 ph\u00e1i sinh cho ph\u1ea7n \u00edt r\u1ee7i ro h\u01a1n c\u00f3 kh\u1ea3 n\u0103ng sinh l\u1eddi th\u1ea5p h\u01a1n v\u00e0 ng\u01b0\u1ee3c l\u1ea1i.<\/p>\n<p>C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u00e3 mua s\u1ea1ch c\u00e1c c\u00f4ng c\u1ee5 \u201cr\u1ee7i ro th\u1ea5p\u201d cho \u0111\u1ebfn khi ng\u01b0\u1eddi ta th\u1ea5y r\u1eb1ng, s\u1ef1 t\u0103ng tr\u01b0\u1edfng n\u1ee3 x\u1ea5u trong c\u00e1c kho\u1ea3n vay th\u1ebf ch\u1ea5p \u0111\u1ea1t m\u1ee9c k\u1ef7 l\u1ee5c. Ho\u1ea3ng s\u1ee3, c\u00e1c ng\u00e2n h\u00e0ng \u0111\u00ecnh ch\u1ec9 ph\u00e1t h\u00e0nh c\u00e1c kho\u1ea3n vay th\u1ebf ch\u1ea5p m\u1edbi, v\u00e0 vi\u1ec7c mua nh\u00e0 d\u1eebng l\u1ea1i.<\/p>\n<p>M\u1ed9t trong nh\u1eefng ng\u00e2n h\u00e0ng l\u1edbn nh\u1ea5t th\u1ebf gi\u1edbi, Lehman Brothers, trong n\u1eeda \u0111\u1ea7u n\u0103m 2008 \u0111\u00e3 ghi nh\u1eadn kho\u1ea3n l\u1ed7 h\u00e0ng tr\u0103m tri\u1ec7u USD t\u1eeb c\u00e1c ho\u1ea1t \u0111\u1ed9ng li\u00ean quan t\u1edbi tr\u00e1i phi\u1ebfu th\u1ebf ch\u1ea5p. Ng\u00e2n h\u00e0ng \u0111\u1ea7u t\u01b0 l\u1edbn th\u1ee9 t\u01b0 tr\u00ean th\u1ebf gi\u1edbi v\u1edbi t\u00e0i s\u1ea3n tr\u1ecb gi\u00e1 639 t\u1ef7 USD \u0111\u00e3 \u0111\u1ec7 \u0111\u01a1n ph\u00e1 s\u1ea3n l\u00ean t\u00f2a \u00e1n v\u00e0 y\u00eau c\u1ea7u \u0111\u01b0\u1ee3c b\u1ea3o v\u1ec7 kh\u1ecfi c\u00e1c ch\u1ee7 n\u1ee3. Tin t\u1ee9c n\u00e0y g\u00e2y ra s\u1ef1 ho\u1ea3ng lo\u1ea1n tr\u00ean th\u1ecb tr\u01b0\u1eddng th\u1ebf gi\u1edbi, v\u00e0 cu\u1ed9c kh\u1ee7ng ho\u1ea3ng t\u1ea1i th\u1ecb tr\u01b0\u1eddng th\u1ebf ch\u1ea5p M\u1ef9 bi\u1ebfn th\u00e0nh th\u1ea3m h\u1ecda to\u00e0n c\u1ea7u.<\/p>\n<p>M\u1ed9t c\u00fa s\u1ed1c t\u01b0\u01a1ng t\u1ef1 l\u00e0 \u201ccu\u1ed9c kh\u1ee7ng ho\u1ea3ng ch\u00e2u \u00c1\u201d b\u00f9ng n\u1ed5 c\u00e1ch \u0111\u00e2y 3 th\u1eadp k\u1ef7. Khi \u0111\u00f3, c\u00e1c qu\u1ef9 \u0111\u1ea7u t\u01b0 qu\u1ed1c t\u1ebf \u0111\u00e3 t\u1ed5 ch\u1ee9c m\u1ed9t cu\u1ed9c t\u1ea5n c\u00f4ng \u0111\u1ea7u c\u01a1 quy m\u00f4 l\u1edbn v\u00e0o \u0111\u1ed3ng Baht c\u1ee7a Th\u00e1i Lan, k\u1ebft qu\u1ea3 khi\u1ebfn th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n n\u01b0\u1edbc n\u00e0y s\u1ee5p \u0111\u1ed5. S\u1ef1 s\u1ee5p \u0111\u1ed5 lan sang Indonesia, Philippines, Malaysia, H\u00e0n Qu\u1ed1c v\u00e0 cu\u1ed1i c\u00f9ng d\u1eabn \u0111\u1ebfn s\u1ef1 v\u1ee1 n\u1ee3 \u1edf Nga. C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 \u1ed3 \u1ea1t r\u00fat kh\u1ecfi c\u00e1c ngh\u0129a v\u1ee5 n\u1ee3 r\u1ee7i ro c\u1ee7a c\u00e1c n\u1ec1n kinh t\u1ebf \u0111ang ph\u00e1t tri\u1ec3n.<\/p>\n<p>H\u1ec7 th\u1ed1ng cho vay kh\u00f4ng r\u00f5 r\u00e0ng, th\u00e2m h\u1ee5t th\u01b0\u01a1ng m\u1ea1i ph\u00ecnh ra v\u00e0 th\u1ecb tr\u01b0\u1eddng v\u1ed1n k\u00e9m ph\u00e1t tri\u1ec3n \u1edf c\u00e1c qu\u1ed1c gia \u0111\u01b0\u1ee3c g\u1ecdi l\u00e0 \u201ccon h\u1ed5 ch\u00e2u \u00c1\u201d v\u00e0o nh\u1eefng n\u0103m 70 \u0111\u00e3 g\u00e2y ra m\u1ed9t th\u1ea3m h\u1ecda: c\u00e1c s\u00e0n ch\u00ednh c\u1ee7a ch\u00e2u \u00c1 g\u1ea7n nh\u01b0 ng\u1eebng ho\u1ea1t \u0111\u1ed9ng v\u00e0 c\u00e1c \u0111\u1ed3ng ti\u1ec1n m\u1ea1nh b\u1ecb m\u1ea5t gi\u00e1.<\/p>\n<p>Hai th\u1ea3m h\u1ecda n\u00e0y c\u00f9ng v\u1edbi cu\u1ed9c kh\u1ee7ng ho\u1ea3ng M\u1ef9 Latinh nh\u1eefng n\u0103m 1980 \u0111\u01b0\u1ee3c Ng\u00e2n h\u00e0ng Th\u1ebf gi\u1edbi g\u1ecdi l\u00e0 l\u1edbn nh\u1ea5t trong 50 n\u0103m qua. Sau khi ph\u00e2n t\u00edch xu h\u01b0\u1edbng kinh t\u1ebf hi\u1ec7n t\u1ea1i \u1edf v\u00e0i ch\u1ee5c qu\u1ed1c gia, c\u00e1c nh\u00e0 ph\u00e2n t\u00edch c\u1ee7a WB \u0111\u01b0a ra k\u1ebft lu\u1eadn r\u1eb1ng, m\u1ed9t cu\u1ed9c kh\u1ee7ng ho\u1ea3ng m\u1edbi, kh\u00f4ng gi\u1ed1ng v\u1edbi t\u1ea5t c\u1ea3 c\u00e1c cu\u1ed9c kh\u1ee7ng ho\u1ea3ng tr\u01b0\u1edbc \u0111\u00f3 v\u00e0 t\u1ea1o ra h\u1eadu qu\u1ea3 t\u00e0n kh\u1ed1c h\u01a1n nhi\u1ec1u, \u0111ang \u0111\u1ebfn g\u1ea7n.<\/p>\n<p>Ng\u00e2n h\u00e0ng Th\u1ebf gi\u1edbi nh\u00ecn th\u1ea5y v\u1ea5n \u0111\u1ec1 ch\u00ednh trong g\u00e1nh n\u1eb7ng n\u1ee3 \u0111ang gia t\u0103ng nhanh ch\u00f3ng tr\u00ean to\u00e0n th\u1ebf gi\u1edbi trong c\u1ea3 khu v\u1ef1c t\u01b0 nh\u00e2n v\u00e0 khu v\u1ef1c c\u00f4ng. N\u1ee3 th\u1ebf gi\u1edbi \u0111\u00e3 l\u00ean t\u1edbi 246 ngh\u00ecn t\u1ef7 USD. \u0110\u00e2y l\u00e0 m\u1ed9t k\u1ef7 l\u1ee5c tuy\u1ec7t \u0111\u1ed1i, cao h\u01a1n 3 l\u1ea7n so v\u1edbi GDP to\u00e0n c\u1ea7u \u2013 gi\u00e1 tr\u1ecb c\u1ee7a t\u1ea5t c\u1ea3 c\u00e1c s\u1ea3n ph\u1ea9m v\u00e0 d\u1ecbch v\u1ee5 tr\u00ean th\u1ebf gi\u1edbi.<\/p>\n<p>Ngh\u0129a v\u1ee5 ch\u01b0a thanh kho\u1ea3n c\u1ee7a c\u00e1c n\u01b0\u1edbc \u0111ang ph\u00e1t tri\u1ec3n \u0111ang l\u00e0 m\u1ed1i quan t\u00e2m \u0111\u1eb7c bi\u1ec7t. T\u1ef7 l\u1ec7 n\u1ee3 (EM) so v\u1edbi GDP trong giai \u0111o\u1ea1n 2010-2018 \u0111\u00e3 t\u0103ng h\u01a1n m\u1ed9t n\u1eeda \u2013 l\u00ean t\u1edbi 168%. T\u1ed1c \u0111\u1ed9 n\u00e0y l\u00e0 nhanh h\u01a1n nhi\u1ec1u so v\u1edbi t\u1ed1c \u0111\u1ed9 t\u0103ng n\u1ee3 trong cu\u1ed9c kh\u1ee7ng ho\u1ea3ng M\u1ef9 Latinh.<\/p>\n<p>Vi\u1ec7n T\u00e0i ch\u00ednh Qu\u1ed1c t\u1ebf ch\u1ec9 ra tr\u01b0\u1edbc \u0111\u00f3, ch\u00ednh c\u00e1c th\u1ecb tr\u01b0\u1eddng m\u1edbi n\u1ed5i l\u00e0 \u0111\u00f3ng g\u00f3p nhi\u1ec1u nh\u1ea5t v\u00e0o s\u1ef1 gia t\u0103ng n\u1ee3 to\u00e0n c\u1ea7u. M\u1ee9c t\u0103ng tr\u01b0\u1edfng t\u01b0\u01a1ng \u0111\u1ed1i cao nh\u1ea5t \u0111\u01b0\u1ee3c ghi nh\u1eadn \u1edf Chile, H\u00e0n Qu\u1ed1c, Brazil, Nam Phi v\u00e0 Pakistan. H\u01a1n n\u1eefa, m\u1ed9t ph\u1ea7n \u0111\u00e1ng k\u1ec3 r\u01a1i v\u00e0o khu v\u1ef1c doanh nghi\u1ec7p, g\u1ea7n nh\u01b0 b\u1eaft k\u1ecbp v\u1edbi kho\u1ea3n n\u1ee3 c\u1ee7a GDP t\u1ed5ng h\u1ee3p t\u1eeb 30 qu\u1ed1c gia \u0111ang ph\u00e1t tri\u1ec3n, chi\u1ebfm 92,6%.<\/p>\n<p><strong>T\u00e2m ch\u1ea5n b\u00f9ng n\u1ed5 kh\u1ee7ng ho\u1ea3ng m\u1edbi<\/strong><\/p>\n<p>Ng\u00e2n h\u00e0ng Th\u1ebf gi\u1edbi nh\u1ea5n m\u1ea1nh r\u1eb1ng, Trung Qu\u1ed1c l\u00e0 n\u01b0\u1edbc t\u1ea1o ra n\u1ee3 m\u1edbi ch\u00ednh trong 10 n\u0103m qua. K\u1ec3 t\u1eeb n\u0103m 2010, t\u1ef7 l\u1ec7 ngh\u0129a v\u1ee5 ch\u01b0a thanh kho\u1ea3n so v\u1edbi GDP c\u1ee7a n\u01b0\u1edbc n\u00e0y \u0111\u00e3 t\u0103ng g\u1ea7n ba ph\u1ea7n t\u01b0 \u2013 l\u00ean t\u1edbi 255% v\u00e0 t\u1ed5ng gi\u00e1 tr\u1ecb v\u01b0\u1ee3t qu\u00e1 20 ngh\u00ecn t\u1ef7 USD.<\/p>\n<p>Do \u0111\u00f3, theo c\u00e1c chuy\u00ean gia c\u1ee7a Ng\u00e2n h\u00e0ng Th\u1ebf gi\u1edbi, ch\u00ednh x\u00e1c l\u00e0 \u1edf Trung Qu\u1ed1c, m\u1ed9t cu\u1ed9c kh\u1ee7ng ho\u1ea3ng to\u00e0n c\u1ea7u m\u1edbi s\u1ebd b\u00f9ng n\u1ed5. N\u00f3 s\u1ebd c\u00f3 quy m\u00f4 l\u1edbn h\u01a1n v\u00e0 h\u1eadu qu\u1ea3 n\u1eb7ng n\u1ec1 h\u01a1n t\u1ea5t c\u1ea3 nh\u1eefng cu\u1ed9c kh\u1ee7ng ho\u1ea3ng tr\u01b0\u1edbc \u0111\u00f3.<\/p>\n<p>N\u1ee3 doanh nghi\u1ec7p c\u1ee7a Trung Qu\u1ed1c l\u00e0 l\u1edbn nh\u1ea5t tr\u00ean th\u1ebf gi\u1edbi. Khi s\u1ef1 s\u1ee5p \u0111\u1ed5 t\u00e0i ch\u00ednh x\u1ea3y ra v\u00e0o n\u0103m 2008, B\u1eafc Kinh \u0111\u00e3 ph\u1ea3n \u1ee9ng b\u1eb1ng c\u00e1ch m\u1edf r\u1ed9ng cho vay. V\u00e0o n\u0103m 2016, m\u1ee9c n\u1ee3 doanh nghi\u1ec7p l\u00e0 kho\u1ea3ng 160% GDP, trong khi t\u1ed5ng n\u1ee3 l\u00e0 230%.<\/p>\n<p>L\u00e0 m\u1ed9t ph\u1ea7n c\u1ee7a chi\u1ebfn l\u01b0\u1ee3c \u201cMade in Chian-2025\u201d, trong nh\u1eefng n\u0103m g\u1ea7n \u0111\u00e2y, B\u1eafc Kinh b\u1eaft \u0111\u1ea7u \u1ed3 \u1ea1t mua c\u00e1c c\u00f4ng ty ph\u01b0\u01a1ng T\u00e2y \u0111\u1ec3 ti\u1ebfp c\u1eadn c\u00e1c c\u00f4ng ngh\u1ec7 m\u1edbi nh\u1ea5t. \u0110\u1ec3 l\u00e0m \u0111\u01b0\u1ee3c \u0111i\u1ec1u n\u00e0y, c\u00e1c doanh nh\u00e2n Trung Qu\u1ed1c r\u1ea5t t\u00edch c\u1ef1c vay ti\u1ec1n. Theo \u0111\u00f3, ch\u1ec9 t\u00ednh ri\u00eang trong n\u0103m 2018, theo s\u1ed1 li\u1ec7u c\u1ee7a Ng\u00e2n h\u00e0ng Thanh to\u00e1n Qu\u1ed1c t\u1ebf, n\u1ee3 doanh nghi\u1ec7p c\u1ee7a Trung Qu\u1ed1c \u0111\u00e3 t\u0103ng 3,8 \u0111i\u1ec3m ph\u1ea7n tr\u0103m. \u0110\u1ec3 so s\u00e1nh, n\u1ee3 c\u00f4ng c\u1ee7a n\u01b0\u1edbc n\u00e0y t\u0103ng 0,8 v\u00e0 n\u1ee3 h\u1ed9 gia \u0111\u00ecnh t\u0103ng 0,9 \u0111i\u1ec3m ph\u1ea7n tr\u0103m.<\/p>\n<p>H\u1ec7 th\u1ed1ng ng\u00e2n h\u00e0ng v\u00f4 h\u00ecnh \u0111ang cho ph\u00e9p c\u00e1c c\u00f4ng ty Trung Qu\u1ed1c nh\u1eadn c\u00e1c kho\u1ea3n vay: l\u0129nh v\u1ef1c n\u00e0y \u0111\u00e3 \u0111\u01b0\u1ee3c m\u1edf r\u1ed9ng \u0111\u1ebfn m\u1ee9c \u0111\u00e1ng b\u00e1o \u0111\u1ed9ng. V\u00ec nhi\u1ec1u kh\u00e1ch h\u00e0ng \u0111\u00e3 qu\u00e1 t\u1ea3i v\u1edbi c\u00e1c kho\u1ea3n vay v\u00e0 theo quy \u0111\u1ecbnh kh\u00f4ng \u0111\u01b0\u1ee3c ph\u00e9p ti\u1ebfp c\u1eadn c\u00e1c kho\u1ea3n vay m\u1edbi, c\u00e1c ng\u00e2n h\u00e0ng Trung Qu\u1ed1c \u0111ang b\u01a1m ti\u1ec1n cho c\u00e1c c\u00f4ng ty m\u00f4i gi\u1edbi t\u00e0i ch\u00ednh v\u00e0 b\u00ean cho vay \u2013 b\u00ean trung gian gi\u1eefa ng\u00e2n h\u00e0ng v\u00e0 doanh nghi\u1ec7p.<\/p>\n<p>K\u1ec3 t\u1eeb kho\u1ea3ng n\u0103m 2012, ch\u00ednh c\u00e1c ng\u00e2n h\u00e0ng v\u00f4 h\u00ecnh nh\u01b0 v\u1eady \u0111\u00e3 li\u00ean t\u1ee5c v\u01b0\u1ee3t qua c\u00e1c t\u1ed5 ch\u1ee9c t\u00e0i ch\u00ednh truy\u1ec1n th\u1ed1ng v\u1ec1 t\u1ed5ng gi\u00e1 tr\u1ecb v\u00e0 t\u1ed1c \u0111\u1ed9 ph\u00e1t h\u00e0nh c\u00e1c kho\u1ea3n vay v\u00e0 cung c\u1ea5p d\u1ecbch v\u1ee5 qu\u1ea3n l\u00fd t\u00e0i s\u1ea3n. C\u00e1c c\u01a1 ch\u1ebf n\u00e0y cho ph\u00e9p c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u01b0a ra m\u1ee9c l\u1ee3i nhu\u1eadn cao, nh\u01b0ng c\u0169ng \u0111i k\u00e8m v\u1edbi r\u1ee7i ro l\u1edbn. Nh\u1edd c\u00e1c ng\u00e2n h\u00e0ng v\u00f4 h\u00ecnh, g\u00e1nh n\u1eb7ng n\u1ee3 c\u1ee7a c\u00e1c c\u00f4ng ty Trung Qu\u1ed1c \u0111ang ti\u1ebfp t\u1ee5c gia t\u0103ng.<\/p>\n<p>Hi\u1ec7n t\u1ea1i, t\u1ed5ng gi\u00e1 tr\u1ecb c\u1ee7a l\u0129nh v\u1ef1c n\u00e0y \u1edf Trung Qu\u1ed1c \u0111\u00e3 \u0111\u1ea1t g\u1ea7n 7 ngh\u00ecn t\u1ef7 USD. Qu\u1ef9 Ti\u1ec1n t\u1ec7 Qu\u1ed1c t\u1ebf c\u1ea3nh b\u00e1o: bong b\u00f3ng n\u00e0y c\u00f3 th\u1ec3 ph\u00e1 s\u1eadp n\u1ec1n kinh t\u1ebf c\u1ee7a n\u01b0\u1edbc n\u00e0y v\u00e0 g\u00e2y ra m\u1ed9t cu\u1ed9c kh\u1ee7ng ho\u1ea3ng m\u1edbi \u1edf ch\u00e2u \u00c1, t\u01b0\u01a1ng t\u1ef1 nh\u01b0 cu\u1ed9c kh\u1ee7ng ho\u1ea3ng n\u0103m 1997.<\/p>\n<p>BDN<\/p>\n<\/div>\n\n<p>Aufrufe: 238<\/p>","protected":false},"excerpt":{"rendered":"<p>C\u00e1c nh\u00e0 ph\u00e2n t\u00edch c\u1ee7a Ng\u00e2n h\u00e0ng Th\u1ebf gi\u1edbi cho r\u1eb1ng, cu\u1ed9c suy tho\u00e1i trong t\u01b0\u01a1ng lai s\u1ebd l\u00e0m lu m\u1edd t\u1ea5t c\u1ea3 c\u00e1c cu\u1ed9c suy tho\u00e1i tr\u01b0\u1edbc \u0111\u00f3. H\u01a1n 10 n\u0103m tr\u00f4i qua k\u1ec3 t\u1eeb cu\u1ed9c kh\u1ee7ng ho\u1ea3ng t\u00e0i ch\u00ednh to\u00e0n c\u1ea7u, c\u00e1c nh\u00e0 ph\u00e2n t\u00edch c\u1ee7a Ng\u00e2n h\u00e0ng Th\u1ebf gi\u1edbi c\u1ea3nh b\u00e1o: th\u1ebf &#8230;<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[97,1,37],"tags":[204],"aioseo_notices":[],"_links":{"self":[{"href":"http:\/\/east-sea.de\/vi\/wp-json\/wp\/v2\/posts\/5695"}],"collection":[{"href":"http:\/\/east-sea.de\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/east-sea.de\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/east-sea.de\/vi\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"http:\/\/east-sea.de\/vi\/wp-json\/wp\/v2\/comments?post=5695"}],"version-history":[{"count":2,"href":"http:\/\/east-sea.de\/vi\/wp-json\/wp\/v2\/posts\/5695\/revisions"}],"predecessor-version":[{"id":5698,"href":"http:\/\/east-sea.de\/vi\/wp-json\/wp\/v2\/posts\/5695\/revisions\/5698"}],"wp:attachment":[{"href":"http:\/\/east-sea.de\/vi\/wp-json\/wp\/v2\/media?parent=5695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/east-sea.de\/vi\/wp-json\/wp\/v2\/categories?post=5695"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/east-sea.de\/vi\/wp-json\/wp\/v2\/tags?post=5695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}