Get to the Troubles Before They Come to Your Door What We Should Prepare for as Seen from the Southeast Asian Financial Crisis

Zhu Qigui

Chinese Economy, 1999, vol. 32, issue 1, 75-81

Abstract: The Southeast Asian financial crisis has become a worldwide hot point of attention, and people everywhere are turning their eyes toward China. China and the Southeast Asian countriesâThailand, Malaysia, Indonesia, and the Philippinesâall face the urgent task of developing their economies and of raising their peoples' living standard, and they must have ample investment of funds if they are to maintain a relatively high rate of economic growth. However, one point shared by China and the Southeast Asian countries is that all are very short of funds. Under these circumstances, will a financial crisis occur in China? In my opinion, this is not a zero possibility, for hazards do exist in the domain of China's international financing.

Date: 1999
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