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China’s Great Financial Push

  • Andrew Collier
Chapter

Abstract

This chapter focuses on China’s 4 trillion yuan fiscal stimulus in 2008 and the effect on the Shadow Banking market. It describes the American mortgage crisis and the impact on the Chinese leadership’s analysis of its impact on the Chinese economy, China’s launch of a domestic stimulus package to avoid a downturn related to the mortgage crisis, and the unintended consequences of the stimulus package and relationship to local government financing. A brief discussion of the role of the banks in funding state and private enterprise in China is introduced.

Keywords

Financial Crisis Fiscal Policy Bank Loan Chinese Communist Party Asian Financial Crisis 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Bibliography

  1. China.org.cn. November 10, 2008.Google Scholar
  2. Fabre, G. (2013). What’s behind China’s slowdown (Working paper). Fondation Maison des Science de L’homme.Google Scholar
  3. Xinhua. (2008, November 9). China’s 4 trillion yuan stimulus to boost economy. Accessed at http://news.xinhuanet.com/english/2008-11/09/content_10331324.htm
  4. Zheng, L. (2015). The shadow banking system of China and international regulatory cooperation. Ontario: Centre for International Governance Regulation.Google Scholar

Copyright information

© The Author(s) 2017

Authors and Affiliations

  • Andrew Collier
    • 1
  1. 1.Orient Capital ResearchHong KongHong Kong

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