The current global financial turmoil, triggered by the US subprime
crisis, has spread quickly and resulted in the worst global
economic crisis since the 1930s. As the world's third largest
economy and the second largest trading nation, China is inevitably
affected seriously. How China responds to the crisis and how
effective its measures are in sustaining a healthy growth will have
important implications, both domestically and internationally.The
chapters in this volume are divided into five sections. Section one
examines the overall impact of the global economic crisis and the
responses of the Chinese government. Section two studies the
regional aspect of the economy affected by the crisis. Section
three explores such economies of the Mainland's southern neighbors
as Hong Kong, Macao and Taiwan, and the prospect of China's trade.
Section four surveys the impact on the ideological and social
aspects of the country. Section five concludes with an assessment
of China's external policies. The volume offers a comprehensive and
in-depth assessment of the impact of the crisis and the measures of
the Chinese government to overcome the difficulties.
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