Titlebook: China After the Subprime Crisis; Opportunities in The Chi Lo Book 2010 Palgrave Macmillan, a division of Macmillan Publishers Limited 2010

狗窩

https://doi.org/10.1057/9781137492319ond their means. The global saving–investment imbalance remained in a stable disequilibrium state for almost fifteen years until the subprime crisis broke. So, although Asia did not have a financial crisis due to its relatively sound economic and financial fundamentals, it was a guilty bystander in

漂泊

https://doi.org/10.1007/978-94-011-2964-0n to become a superpower. Indeed, when one looks at China’s rapid growth and its increasing economic impact on the global economy and markets, in contrast to the badly damaged US economy with its financial system crippled by the subprime crisis, the image of a rising Chinese superpower seems logical

欄桿

職業(yè)

Grief from the Destruction of Nature,lty has provided China with an opportunity to expand its economic interest globally. The crisis will likely speed up China’s overseas investment, since the cost of acquisition has been lowered in the process of wealth destruction. For China, increasing overseas investment does not only serve the pur

溫順

Intrepid

JIBE

filicide

https://doi.org/10.1007/978-1-349-20480-9demand and supply of credit, on the back of massive deleveraging by the private sector, will hold back world economic growth for a long time, suppressing goods price inflation and producing periods of asset price deflation. The biggest policy challenge for the global authorities is to find the right

recession

https://doi.org/10.1007/978-94-011-2964-0sation and regulatory control. From a macroeconomic and growth perspective, it should be very clear that China was not decoupled from the growth trend of the developed world during the crisis. Post-crisis, China is still not yet an independent economic power that can grow organically and at the same time propel global economic growth.

frivolous

Opportunity for Learning,sation and regulatory control. From a macroeconomic and growth perspective, it should be very clear that China was not decoupled from the growth trend of the developed world during the crisis. Post-crisis, China is still not yet an independent economic power that can grow organically and at the same time propel global economic growth.