IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-981-97-0206-0_3.html
   My bibliography  Save this book chapter

Global Financial Turbulence and China’s Financial Market

In: 2023 Global Financial Turbulence and Economic Outlook

Author

Listed:
  • Jiandong Ju

    (Tsinghua University)

Abstract

Does the US banking risk lead to a financial crisis? Does the US banking turbulence impact China’s economy? How did the Chinese respond to the international risk? This section discusses the above questions and gives the following viewpoints: First, although the US banking industry is in turmoil and the US regulatory authorities have taken swift measures, the risk of a crisis triggered by the turmoil in the banking industry has not been fundamentally eliminated. The impact of the US banking industry will not only spread within the banking system but also spill over into other areas. The risks of turbulence in the US banking industry have not completely passed. Second, from China’s perspective, both government departments and domestic institutions should deeply examine the economy situation. We need to consider maintaining the security of external financing and the security of foreign assets. Also, we need to pay attention to the possible spillover effects of a dramatic shake-up in US stocks. Third, although the recent turmoil in the US banking sector spread the panic globally, it will not lead to a financial crisis in China.

Suggested Citation

  • Jiandong Ju, 2024. "Global Financial Turbulence and China’s Financial Market," Springer Books, in: Jiandong Ju (ed.), 2023 Global Financial Turbulence and Economic Outlook, chapter 0, pages 55-82, Springer.
    • Handle: RePEc:spr:sprchp:978-981-97-0206-0_3
    DOI: 10.1007/978-981-97-0206-0_3
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-981-97-0206-0_3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.