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《Asia-pacific Economic Review》 2011-05
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From the European Sovereign Debt Crisis to Analyze the "Chinese-style Sovereign Debt Crisis"

Xie Shi-qing  
The European sovereign debt crisis lead us to worry about debt crisis in China.In recent years,both China's local government financing platforms and local government debt have increased rapidly.Through a comparative analysis between the European sovereign debt and the "Chinese-style sovereign debt",the paper finds that although the two crises share many similarities,but they are fundamentally different ones.At present,China does not have necessary conditions for the outbreak of European sovereign debt crisis,there still exists the possibility of outbreak of the "Chinese-style sovereign debt crisis".
【CateGory Index】: F812.5
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Chinese Journal Full-text Database 5 Hits
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