Recovery of the China Stock Market and Challenges in the Post-Crisis Essay - 1

Recovery of the China Stock Market and Challenges in the Post-Crisis Era - Essay Example In fact, an outflow of approximately US$25 billion was experienced by China in December only, and at some point in the fourth quarter of 2008 a sum of US$150 billion was pulled out from the country, according to the report of the Bank of China (Min-Chan 2009, 43). The dramatic economic growth of China has to a certain extent been fuelled by its thriving export-driven production. Nevertheless, the export of China by mid-2008 diminished to a ‘negative 20-percent growth rate from the positive 20-30 percent rate in previous years’ (Platt 2009, 50). Because of these developments some financial analysts predicted that China would confront a financial crisis in 2009 and 2010. The prediction happened and this forced the Chinese government to initiate a set of stimulus package (Yao & Zhang 2011). These attempts of China to recover from the global financial crisis will be analyzed in this paper. The end of 2007 witnessed the sharp rise of China’s stock markets; however, the end of 2008 witnessed the bubbles’ remarkable rupture. The SSECI showed a decrease from 6,135 in 2007 to 1,608 in 2008 (Yao & Zhang 2011, 26). It has improved to some extent, but has been wrestling to swing around 3,000 from the period of the bubble disintegration. The SSECI showed 2,900 at the end of 2010 (Yao & Zhang 2011, 26). These changes are shown in the figure below: China exposed the avenues to new share offerings, letting loose a stream of initial public offerings (IPOs) to aid in the absorption of surplus liquidity and calm a raging stock market. What began as a drop of IPOs became a surge, with numerous companies primed to register in the Shanghai Stock Exchange (Platt 2009). According to Michael Guillen, professor of international management and director of the Lauder Institute, in his remark about the recovery attempts of China’s stock market in the Financial Times (2009), â€Å"During the last two years, monetary policy has

Fibre Reinforce Polymer Composites in Bridge Structures Term Paper

Fibre Reinforce Polymer Composites in Bridge Structures - Term Paper Example From the research it can be comprehended that mechanically, a composite is a separable combination of two or more materials that are not the same at the molecular level but purposefully mixed to come up with a new material that has optimal and superior properties, which are different from those of its components. These materials have been utilized over the years in construction. An ancient way was the use of straw for reinforcement in clay and mud bricks. In the last century, in several structural systems, combination of reinforcing concrete and steel has been used for construction. However, a new crop of composite material has since been largely accepted by most engineers for construction and the rehabilitation of new structures and existing facilities. This class consists of Fibre Reinforced Polymer composites, which were in the earlier days developed specifically for defense and aerospace. Fibre Reinforced Polymer (FRP) are a combination of polymeric resins which acts as binders o r matrices that has stiff and strong fibre assemblies which act as the reinforcing phase. The combination of a reinforcing phase with the matrix phase produces a material system that is analogous to steel reinforced concrete and is new. However, these concentrations may significantly vary; generally, the reinforced concrete rarely has more than 5% reinforcement, whereas Fibre reinforced polymer composites contains more than 30% reinforcements.... This class consists of Fibre Reinforced Polymer composites, which were in the earlier days developed specifically for defense and aerospace. Fibre Reinforced Polymer (FRP) are a combination of polymeric resins which acts as binders or matrices that has stiff and strong fibre assemblies which act as the reinforcing phase. The combination of a reinforcing phase with the matrix phase produces a material system that is analogous to steel reinforced concrete and is new. However, these concentrations may significantly vary; generally, the reinforced concrete rarely has more than 5% reinforcement, whereas Fibre reinforced polymer composites contains more than 30% reinforcements. Components of a Fibre Reinforced Polymer Composite Fibre This is a material that has been made into a long filament. A single fibre normally has up to 15Â µm. When the diameter is bigger, the probability of surface defects increases. The aspect ratio of diameter and length in continuous fibres can range from thousa nds to infinity. They usually occupy 50% of the weight and over 30% of the volume. Fibres are mainly meant for providing fitness, carrying the load, providing thermal stability, strength, and other structural properties to Fibre reinforced polymers (FRP) (2). The fibres in FRP composite need to have very high ultimate strength, high modulus of elasticity, low variation strength, high uniformity of diameter, high stability, and high uniformity of surface dimension among fibres. There are various forms of fibre used as reinforcements for polymer composite reinforcement exists. The manufacturer of materials made from FRP composites normally present