填空题 Paul Krugman, the 1 Noble Prize Winner in 2 , delivered a speech with the theme of "the Future of Sino-US 3 under the New Pattern" in Shanghai Jiao Tong University.
He said. I think it is very bad with excessive investment in real estate, because the bubble brought about by real 4 investment is the bubble that can result in no 5 . Krugman disfavored excessive debt, especially the excessive debt of government and family to 6 the house. He said. As early as 2005, I have written that American economy has made a society in which people make their living by selling houses and this is not a 7 development 8 . Developing countries are in great need of 9 for development. When China got foreign direct investments, it produced products to gain foreign 10 which, however, were not 11 left to its own use. I find it difficult to understand why China invests so much money 12 , and now it seems these investments have low 13 . I think China should 14 domestic public investment and 15 domestic demand. Krugman also said. The recovery of China"s economy will bring a method or a development mode out of 16 to other countries, but China cannot 17 the recovery of 18 economy due to its 19 of world GDP being too 20 .