The Impact of the Global Crisis on China and its Reaction

Zhang, Ming (2009) The Impact of the Global Crisis on China and its Reaction. Elcano Newsletter (55). 7 p.. ISSN 1698-5184

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Abstract

The current global financial crisis is having a significant negative impact on the Chinese economy. The current global financial crisis is having a significant negative impact on the Chinese economy, affecting exports, foreign exchange reserves and structural adjustments. The Chinese Government’s reaction has so far been effective in boosting short-term economic growth, but has been insufficient to ensure sustainable long-term growth and new risks could arise. Policy suggestions include how to stimulate household consumption effectively, how to mitigate the pressure of unemployment and how to diversify China’s foreign exchange portfolio.

Item Type: Article
Additional Information: Estudio sólo disponible en inglés
Uncontrolled Keywords: Asia-Pacífico
Subjects: INTERNATIONAL COOPERATION > COUNTRIES AND REGIONS > CHINA
PUBLIC FINANCE; BANKING; INTERNATIONAL MONETARY RELATIONS > INTERNATIONAL MONETARY SYSTEM > INTERNATIONAL FINANCIAL MARKET.
ECONOMIC POLICY; SOCIAL POLICY; PLANNING > ECONOMIC POLICY; PLANNING > GROWTH POLICY
ECONOMIC CONDITIONS; ECONOMIC RESEARCH; ECONOMIC SYSTEMS > ECONOMIC RESEARCH; ECONOMICS > ECONOMIC ANALYSIS
ECONOMIC CONDITIONS; ECONOMIC RESEARCH; ECONOMIC SYSTEMS > ECONOMIC CONDITIONS > ECONOMIC IMPLICATIONS
ECONOMIC CONDITIONS; ECONOMIC RESEARCH; ECONOMIC SYSTEMS > ECONOMIC CONDITIONS > CRISIS
ECONOMIC CONDITIONS; ECONOMIC RESEARCH; ECONOMIC SYSTEMS > ECONOMIC CONDITIONS > INTERNATIONAL ECONOMY
Divisions: Real Instituto Elcano, RIE
Depositing User: Jorge Horcas Pulido
Date Deposited: 21 Mar 2012 09:51
Last Modified: 21 Mar 2012 09:51
URI: http://biblioteca.ribei.org/id/eprint/1708

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