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Influences of Subprime Mortgage Crisis on Transmission Mechanisms of Chinese Substantive Economy and Its Countermeasures
09.12.2012  Views:1047   Author:CHEN Hong-quan 
Publications issued:Shenzhen University Journal(Humanities & Social Sciences), 2009(01) 


銆恡itle銆 Influences of Subprime Mortgage Crisis on Transmission Mechanisms of Chinese Substantive Economy and Its Countermeasures
銆恆uthor銆 CHEN Hong-quan锛圱he Research Center of Chinese Special Economic Zones; Shenzhen Univ.; Shenzhen 518060锛;
銆怉uthor Affiliations銆 China Center for Special Economic Zone Research
銆恠ource銆慡henzhen University Journal(Humanities & Social Sciences), 2009(01)
銆恔ey words銆 subprime mortgage crisis; substantive economy; transmission mechanisms;
銆恆bstract銆慉merican subprime mortgage crisis has exerted great impact on Chinese substantive economy through trade transmission mechanisms,industry correlative effects and financial transmission mechanisms,which pushed Chinese economy into a difficult situation,with shrinking external demand,sluggish internal demand,high employment pressure,and financial market downturn.In order to reduce the impact of subprime mortgage crisis on Chinese economy,we need to apply a package of foreign trade policy,financial policy,curre...
 
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