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| Author: | Wang, Anmin You, Guiyun |
| Title: | The influence of Asian financial crisis on China and enlightenment to China (original in Chinese) |
| Journal: | Research on Economics and Management (c)
1998 : 2, p.16-19 |
| Index terms: | ECONOMIC CRISIS ASIA CHINA |
| Language: | chn |
| Abstract: | The influence of Asian financial crisis on China's economy finds expression mainly in the following: 1. The growth rate of export of foreign trade will obviously decline; 2. The investment of East Asian countries, among which Japan and Korea marke up a high proportion in China's foreign investment structure will shrink seriously; 3. Tourism involving foreign countries have been pounded greatly; 4. The overseas financing work will be affected; 5. RMB will bear the pressure for devaluation. This paper also discusses the lessons and enlightenment from the Asian financial crisis. |
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