What is the impact of the financial crisis on China?

What are the challenges facing China's economy? It is possible that some foreign capital will also flee as it has done in other emerging market economies, which will have a certain impact on China's balance of payments and bring some deflationary pressure to China's economy, but it is not a bad thing for the current high-speed (in fact, excessive) Chinese economy. Moreover, this reversal of funds will also ease the pressure on the renminbi to appreciate.

However, it cannot be denied that this kind of capital reversal will have a certain impact on the scale of domestic investment, and will lead to a decline in China's economic growth rate to a considerable extent. In addition, the decline in the economic growth rate of many emerging market countries will also indirectly affect the growth of China's economy through the decline in demand for Chinese products, which is the impact of this new financial crisis on China's economy.

We must realize that the arrival of this emerging financial crisis also contains huge "business opportunities" for China. When this round of financial crisis occurs, the assets of many emerging markets will shrink significantly, which will be an excellent time for Chinese funds to go abroad to invest in these countries, and it is also the best time for Chinese enterprises to "go global" and integrate mergers and acquisitions of corresponding enterprises. To this end, China's economic community needs to be prepared in terms of funding and project research.

At the macro level, macroeconomic policies must take into account the possibility of this new round of financial crisis, and must be steady and steady on the issue of capital flows, and must not be blindly liberalized, and must take into account the possibility of a large amount of capital leaving the country and the pressure brought about by it. On the premise of continuing to implement the current prudent fiscal policy, we must make good preparations for projects and funds; once a new round of financial crisis occurs in neighboring countries, China can turn to a positive fiscal policy and find some investment projects with financial guarantees and social benefits.

In short, the risk of a new round of financial crisis has come, and China's giant ship, which is moving forward at full speed, must take into account the possible impact of the financial turmoil, seize the opportunity, and resolve the risk, and our economic development will have a bright future.

Caused by excessive credit expansion, for example, credit cards can be overdrawn in large quantities, and no down payment is required to buy a house. This is controlled by China relatively well, and the minimum is 20%.

As a result, in terms of time, it will take at least 10 years to recover, such as the 1929 financial crisis and previous crises in the United States, which will take at least 10 years. The second is to endanger the real economy. For example, the impact on China is very great, the United States and Europe are China's first and second largest exporters, they have no money to buy, China's exports accounting for 1 3 percent of GDP will be greatly affected, a large number of export enterprises along the coast will go out of business, and a large number of workers will lose their jobs.

The domestic economy will be greatly affected.

In the troubled times, there is only **, in the disaster of the world financial crisis in history, it is accompanied by inflation, and everything is depreciated, such as oil, non-ferrous metals, agriculture, rubber, etc., only ** is rising steadily.

It's not big, it's not too small, it's also an opportunity for China to face the world.

It's not big overall. But for individual industries, the impact on enterprises is great!