The Global Financial Crisis and the Chinese Economy: A Review of the Transmission Channels and Impacts

Cheejir Wu

Applied Economics and Finance, 2014, vol. 1, issue 1, 88-95

Abstract: In this study we present an analytical framework providing guidelines for discussions and expositions on the various possible transmission mechanisms of the impacts of the global crisis on the Chinese economy. While the crisis had discernible impacts on its finance, the main channels through which China felt the impacts were trade and trade related ones. One channel is related to the diversification of export markets. Moreover, trade is closely related to the financial system. The global crisis has affected the Chinese economy by triggering worsening conditions of the financial system. Also, foreign investment has played a crucial role after the hit of the global crisis. Still one more important channel is associated with the susceptibility of the economy to the shocks of foreign exchange rates.

Keywords: financial crisis; transmission channels; China; trade (search for similar items in EconPapers)
JEL-codes: A00 Z0 (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

Downloads: (external link)
http://redfame.com/journal/index.php/aef/article/view/379/328 (application/pdf)
http://redfame.com/journal/index.php/aef/article/view/379 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rfa:aefjnl:v:1:y:2014:i:1:p:88-95

Access Statistics for this article

More articles in Applied Economics and Finance from Redfame publishing Contact information at EDIRC.
Bibliographic data for series maintained by Redfame publishing ().