[EN] CA 21 – China and the Global Crisis: Will Beijing Be Part of the Solution? – April 2009

Summary

– CHINA AND THE GLOBAL CRISIS: WILL BEIJING BE PART OF THE SOLUTION? –

1. China’s hour? Seeking opportunity in American weakness (Mathieu Duchâtel)

2. Gaining abroad: the international expansion of state enterprises (Thibaud Voïta)

3. One crisis, diverging local and national priorites (Thibaud Voïta)

4. The weakening of Guangdong: in search of a new growth model (Pierre Nordmann)

Introduction

Since the beginning of the global crisis, the world has been wondering about China’s response. Would there be negative shockwaves from a Chinese economy crippled by its over-reliance on exports? Or would the global economy be rescued by the unleashing of China’s domestic demand, with the Chinese spending potential largely intact thanks to huge financial reserves and the budgetary surplus? And would China act to end the global credit crunch by contributing some of its financial holdings and providing much-needed capital for international public lending?

François Godement

[EN] China_Analysis_21


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