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Before and after the Asian financial crisis of economic change in China
Since the subprime crisis since the summer of 2008 a major outbreak, the international financial market has been spread among the credit crisis and its negative impact is spreading to the real economy. Although the financial crisis in China was relatively small. But some banks and other financial industry, such as Bank of China, Construction Bank, Ping An Insurance and other institutions to buy a lot of the U.S. "Bonds," the U.S. bank failures, a huge loss; there are some export enterprises, the U.S. (and other countries) by the financial turmoil, a substantial reduction in import business, so that China's export sector was seriously affected, and even closed down. In this thesis, the 1997 Asian financial crisis were discussed, from China after the Asian financial crisis, the economic situation started changing in the economic growth rate, openness, trade surplus, trade deficit and other aspects of the data, to summarize some experience . Hope that the financial crisis and have some guidance. Some of the possible future economic problems, some programs could also be developed to enable people to calm, cool face, as much as possible to minimize the loss.
Keywords financial crisis; economic growth; openness; surplus; trade deficit