China and the Global Financial Crisis - 9781138815568

Taylor & Francis

China and the Global Financial CrisisA Comparison with Europe\nAuthor(s): Jean-Pierre Cabestan, Jean-Franois Di Meglio, Xavier Richet\nFormat: Paperback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9781138815568, 978-1138815568\nSynopsis\nThis book examines Chinas response to the [tel] 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 Chinas 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 Chinas response to the crisis, and Chinas increasingly central role in the world economy, with the responses of the European Union. The book also ass.