China And The Global Economic Crisis

Yong-nian Zheng, Sarah Yueting Tong

• Publisher: World Scientific
• Year: 2010
• Print ISBN: 9789814287708, 9789814287708
• eBook ISBN: 9789814287715
• Topic: Biowissenschaften
• Subtopic: Wissenschaft Allgemein

The current global financial turmoil, triggered by the US subprime crisis, has spread quickly and resulted in the worst global economic crisis since the 1930s. As the world's third largest economy and the second largest trading nation, China is inevitably affected seriously. How China responds to the crisis and how effective its measures are in sustaining a healthy growth will have important implications, both domestically and internationally.The chapters in this volume are divided into five sections. Section one examines the overall impact of the global economic crisis and the responses of the Chinese government. Section two studies the regional aspect of the economy affected by the crisis. Section three explores such economies of the Mainland's southern neighbors as Hong Kong, Macao and Taiwan, and the prospect of China's trade. Section four surveys the impact on the ideological and social aspects of the country. Section five concludes with an assessment of China's external policies. The volume offers a comprehensive and in-depth assessment of the impact of the crisis and the measures of the Chinese government to overcome the difficulties.

Table of contents

• Contents
• List of Contributors
• Introduction by ZHENG Yongnian and Sarah Y TONG
• 1. China’s Economy 2008 and Outlook for 2009: Crisis of a Sharp Slowdown by John WONG
• 2. Recession Averted? China’s Domestic Response to the Global Financial Crisis by YANG Mu and LIM Tin Seng
• 3. China’s Decisive Response to the Economic Crisis Bears Fruits by Sarah Y. TONG
• 4. Pearl River Delta in a Crisis of Industrialisation by HUANG Yanjie and CHEN Shaofeng
• 5. Impact of the Global Economic Crisis on the Pearl River Delta and Yangtze River Delta Regions by YU Hong
• 6. Taiwan’s Economy in the Financial Crisis and Its Outlook by ZHAO Hong
• 7. Hong Kong’s Economy on the Road to Recovery? by ZHANG Yang
• 8. Financial Crisis Offers Respite for the Macao Economy by ZHANG Yang and Fung KWAN
• 9. China’s Trade Prospects and China-ASEAN Trade Relations by Sarah Y. TONG and CHONG Siew Keng
• 10. Sino-South Korean Bilateral Trade in the Current Economic Crisis by ZHOU Shengqi
• 11. Ascendance of China’s New Left Amidst the Global Financial Crisis by BO Zhiyue and CHEN Gang
• 12. Will Social Stability in China be Undermined in the Financial Crisis? by ZHAO Litao and HUANG Yanjie
• 13. The International Financial Crisis and China’s External Response by ZHENG Yongnian and LYE Liang Fook
• Index