1.

Record Nr.

UNINA9910826207303321

Autore

Cabestan Jean-Pierre

Titolo

China and the Global Financial Crisis : A Comparison with Europe

Pubbl/distr/stampa

Hoboken, : Taylor and Francis, 2012

London ; ; New York : , : Routledge, , 2012

ISBN

1-138-81556-X

0-203-11562-7

1-283-86209-3

1-136-29595-X

Edizione

[1st ed.]

Descrizione fisica

1 online resource (209 p.)

Collana

Routledge Studies on the Chinese Economy

Altri autori (Persone)

Di MeglioJean-François

RichetXavier

Disciplina

330.951/0611

330.9510611

337.51

Soggetti

China - Economic policy - 2000-

China - Foreign relations - European Union countries

European Union countries - Foreign relations - China

Global Financial Crisis, 2008-2009

Monetary policy - China

China Economic policy 2000-

European Union countries Foreign relations China

China Foreign relations European Union countries

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Cover; Title; Copyright Page; Contents; List of figures and tables; List of contributors; List of abbreviations; Introduction; PART 1 China's adaptation, reforms and their limits; 1 The global financial crisis and China's domestic and international political options; 2 Labor pains: Chinese economic policy in an age of a shrinking workforce; 3 An assessment of China's relative fiscal strength; 4 An assessment of China's banking system reform; 5 Four Chinese banks among top ten banks worldwide: illusion or reality?; 6 China's tax policy response to



the global financial crisis

PART 2 China and its regional and international environment since 20087 China and post-crisis regional financial cooperation in East Asia; 8 The invention of a ""currency of the third type"": the yuan's internationalization without convertibility; PART 3 The global financial crisis, Europe and China; 9 Europe and China respond to the crisis: policies, performances, and issues; 10 Trade imbalances and the crises of 1929 and 2007: China in the United States' shoes; Index

Sommario/riassunto

This book examines China's response to the 2007-2008 global financial crisis, and the resulting new status acquired by China within the international economy. It considers the things China did to weather the crisis, discussing the stimulus package put in place by China and how China's banks coped, but above all examines the measures which countries outside China look to China to put in place in order to better encourage and secure world-wide economic recovery, measures such as currency revaluation, tax reform and greater stimulation of domestic demand. The book contrasts China's response to