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CHINA AND THE GLOBAL ECONOMIC CRISIS

Anamaria Laura Oros and Ileana Tache ()

Revista Economica, 2012, vol. Supplement, issue 1, 583-588

Abstract: The purpose of this paper is to examine the possibility that China will have an economic crisis in the near future. Although it experienced spectacular growth through the downturn, boosting the world economy, China adopted an extremely unbalanced pattern of growth. We analysed what are the main imbalances of the Chinese economy and we identified the implications of a possible slowdown, as well as future solutions for the Chinese policymakers. The paper offers a complete view and a better understanding of the need to implement immediate reform in order to obtain sustainable development and to avoid a deep economic crisis.

Date: 2012
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