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Volume 50 Issue 11
December 2018
Article Contents

Citation: Jie WEI and Hao WANG. On the Financial Risks and Their Prevention in Current China’s Economy[J]. Academic Monthly, 2018, 50(11): 38-44. shu

On the Financial Risks and Their Prevention in Current China’s Economy

  • After the 19th National Congress of the CPC, there is a basically general consensus about the risks in China’s economy among politicians and economists. The main risks in current China’s economy lie in financial area, and we should spare no effort to avoid systematic financial risks. We analyze the connotation and sources of financial risks from the perspectives of asset bubbles, foreign exchange market, debt problem, financial mess and fluctuations of macroeconomic policies. We propose some suggestions and measures about suppressing asset bubbles, stabilizing foreign exchange currency, decreasing debt, tackling financial mess and controlling the monetary policy and macro-prudential policy. Meanwhile, we should promote financial reform continuously and adjust financial risks prevention policies contingently to avoid systematic financial risks and achieve steady growth.
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        On the Financial Risks and Their Prevention in Current China’s Economy

        Abstract: After the 19th National Congress of the CPC, there is a basically general consensus about the risks in China’s economy among politicians and economists. The main risks in current China’s economy lie in financial area, and we should spare no effort to avoid systematic financial risks. We analyze the connotation and sources of financial risks from the perspectives of asset bubbles, foreign exchange market, debt problem, financial mess and fluctuations of macroeconomic policies. We propose some suggestions and measures about suppressing asset bubbles, stabilizing foreign exchange currency, decreasing debt, tackling financial mess and controlling the monetary policy and macro-prudential policy. Meanwhile, we should promote financial reform continuously and adjust financial risks prevention policies contingently to avoid systematic financial risks and achieve steady growth.

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