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Imbalanced Financial Credit and the Macro Economic Risk of China
Abstract:
China's economic and financial imbalances become increasingly prominent. The imbalances of financial credit are showed as follows: urban-rural imbalance, regional imbalance, state-owned and private business imbalance, virtual-real economy imbalance, and internal-external economic imbalance. The imbalanced financial credit has increased the risk of China's macro-economy, reducing the effectiveness of monetary policy control. Therefore, we should promote the balanced development of financial credit, and so as to promote the balanced economic growth.
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569-572
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Online since:
February 2011
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© 2011 Trans Tech Publications Ltd. All Rights Reserved
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