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China and the Global Financial Crisis A Comparison with Europe by Jean-Pierre Cabestan

China and the Global Financial Crisis A Comparison with Europe

Part of the Routledge Studies on the Chinese Economy Series


China and the Global Financial Crisis A Comparison with Europe by Jean-Pierre Cabestan

This book examines China's response to the 2007-2008 global financial crisis, and the resulting new status acquired by China within the international economy. It considers the things China did to weather the crisis, discussing the stimulus package put in place by China and how China's banks coped, but above all examines the measures which countries outside China look to China to put in place in order to better encourage and secure world-wide economic recovery, measures such as currency revaluation, tax reform and greater stimulation of domestic demand. The book contrasts China's response to the crisis, and China's increasingly central role in the world economy, with the responses of the European Union. The book also assesses China's increasingly important regional role, in particular its dialogue with the new Japanese government, and China's positioning towards Southeast Asia, and also discusses the growth of Chinese foreign direct investment.

About the Author

Jean-Pierre Cabestan is Professor and Head, Department of Government and International Studies, Hong Kong Baptist University, Hong Kong. Jean-Francois Di Meglio is President of the Asia Centre, France Xavier Richet is Professor at the University Sorbonne Nouvelle, France

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Book Info

Publication date

23rd June 2014


Jean-Pierre Cabestan

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Routledge an imprint of Taylor & Francis Ltd


208 pages


International economics
Economic & financial crises & disasters



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