IDEAS home Printed from https://ideas.repec.org/a/tig/journl/v2y2013i3p34-39.html
   My bibliography  Save this article

China'S Bubble

Author

Listed:
  • MILOSAN, Alexandru-Ioan

Abstract

This document contains information on the China's Bubble. A "bubble" in economic terms refers to a situation in which asset prices appear to be based on implausible or inconsistent views about the future. When the prices of securities or other assets rise sharply at a sustained rate then they exceed valuations justified by fundamentals, making a sudden collapse likely; at which point "the bubble bursts". With a high percentage of debt and nonperforming loans the question is, not if the Chinese government will offer to bail out the banks and the state owned companies, but rather if it has sufficient resources to do so; and if it does have sufficient resources to bail can it then recover from the shock and continue its economic grow as it has in the last decades.

Suggested Citation

  • MILOSAN, Alexandru-Ioan, 2013. "China'S Bubble," Academica Science Journal, Economica Series, Dimitrie Cantemir University, Faculty of Economical Science, vol. 2(3), pages 34-39, December.
  • Handle: RePEc:tig:journl:v:2:y:2013:i:3:p:34-39
    as

    Download full text from publisher

    File URL: http://academica.udcantemir.ro/wp-content/uploads/article/economica/e3/E3A4.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Alok Bhargava, 2008. "Globalization, Literacy Levels, and Economic Development," WIDER Working Paper Series RP2008-04, World Institute for Development Economic Research (UNU-WIDER).
    2. Cindy Li, 2013. "Shadow banking in China: expanding scale, evolving structure," Asia Focus, Federal Reserve Bank of San Francisco, issue Apr.
    3. Paul D. Deng & Gary H. Jefferson, 2011. "Explaining Spatial Convergence of China's Industrial Productivity," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 73, pages 818-832, December.
    4. Chen, Shiyi & Jefferson, Gary H. & Zhang, Jun, 2011. "Structural change, productivity growth and industrial transformation in China," China Economic Review, Elsevier, vol. 22(1), pages 133-150, March.
    5. Jefferson, Gary H., 2002. "China's evolving (implicit) economic constitution," China Economic Review, Elsevier, vol. 13(4), pages 394-401, December.
    6. Gary H Jefferson, 2008. "How Has China's Economic Emergence Contributed to the Field of Economics?," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 50(2), pages 167-209, June.
    7. Jiahua Pan & Jonathan Phillips & Ying Chen, 2008. "China's balance of emissions embodied in trade: approaches to measurement and allocating international responsibility," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 24(2), pages 354-376, Summer.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Nicole A. MATHYS & Jaime DE MELO, 2010. "Trade and Climate Change: The Challenges Ahead," Working Papers P14, FERDI.
    2. Zhuang Miao & Tomas Baležentis & Zhihua Tian & Shuai Shao & Yong Geng & Rui Wu, 2019. "Environmental Performance and Regulation Effect of China’s Atmospheric Pollutant Emissions: Evidence from “Three Regions and Ten Urban Agglomerations”," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 74(1), pages 211-242, September.
    3. ZhongXiang Zhang, 2012. "Who should bear the cost of China’s carbon emissions embodied in goods for exports?," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 24(2), pages 103-117, June.
    4. Gabriela Michalek & Reimund Schwarze, 2015. "Carbon leakage: pollution, trade or politics?," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 17(6), pages 1471-1492, December.
    5. Lach, Łukasz, 2022. "Optimization based structural decomposition analysis as a tool for supporting environmental policymaking," Energy Economics, Elsevier, vol. 115(C).
    6. Malayaranjan Sahoo & Narayan Sethi, 2022. "The dynamic impact of urbanization, structural transformation, and technological innovation on ecological footprint and PM2.5: evidence from newly industrialized countries," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(3), pages 4244-4277, March.
    7. Zhu, Junpeng & Lin, Boqiang, 2022. "Resource dependence, market-oriented reform, and industrial transformation: Empirical evidence from Chinese cities," Resources Policy, Elsevier, vol. 78(C).
    8. Meng, Bo & Wang, Jianguo & Andrew, Robbie & Xiao, Hao & Xue, Jinjun & Peters, Glen P., 2017. "Spatial spillover effects in determining China's regional CO2 emissions growth: 2007–2010," Energy Economics, Elsevier, vol. 63(C), pages 161-173.
    9. Yuhuan Zhao & Song Wang & Jiaqin Yang & Zhonghua Zhang & Ya Liu, 2016. "Input-output analysis of carbon emissions embodied in China-Japan trade," Applied Economics, Taylor & Francis Journals, vol. 48(16), pages 1515-1529, April.
    10. Michieka, Nyakundi M. & Fletcher, Jerald & Burnett, Wesley, 2013. "An empirical analysis of the role of China’s exports on CO2 emissions," Applied Energy, Elsevier, vol. 104(C), pages 258-267.
    11. Haoran Wang & Toshiyuki Fujita, 2023. "A Review of Research on Embodied Carbon in International Trade," Sustainability, MDPI, vol. 15(10), pages 1-15, May.
    12. Chen, G.Q. & Chen, Z.M., 2011. "Greenhouse gas emissions and natural resources use by the world economy: Ecological input–output modeling," Ecological Modelling, Elsevier, vol. 222(14), pages 2362-2376.
    13. Rui Xie & Chao Gao & Guomei Zhao & Yu Liu & Shengcheng Xu, 2017. "Empirical Study of China’s Provincial Carbon Responsibility Sharing: Provincial Value Chain Perspective," Sustainability, MDPI, vol. 9(4), pages 1-16, April.
    14. Liu, Ying & Jayanthakumaran, Kankesu & Neri, Frank, 2013. "Who is responsible for the CO2 emissions that China produces?," Energy Policy, Elsevier, vol. 62(C), pages 1412-1419.
    15. Kellee Tsai, 2015. "The Political Economy of State Capitalism and Shadow Banking in China," HKUST IEMS Working Paper Series 2015-25, HKUST Institute for Emerging Market Studies, revised May 2015.
    16. Xiao, Hao & Sun, Ke-Juan & Bi, Hui-Min & Xue, Jin-Jun, 2019. "Changes in carbon intensity globally and in countries: Attribution and decomposition analysis," Applied Energy, Elsevier, vol. 235(C), pages 1492-1504.
    17. Zhou, Dequn & Zhou, Xiaoyong & Xu, Qing & Wu, Fei & Wang, Qunwei & Zha, Donglan, 2018. "Regional embodied carbon emissions and their transfer characteristics in China," Structural Change and Economic Dynamics, Elsevier, vol. 46(C), pages 180-193.
    18. Sato, Misato, 2014. "Product level embodied carbon flows in bilateral trade," Ecological Economics, Elsevier, vol. 105(C), pages 106-117.
    19. Honma, Satoshi & Yoshida, Yushi, 2020. "An empirical investigation of the balance of embodied emission in trade: Industry structure and emission abatement," Economic Modelling, Elsevier, vol. 92(C), pages 277-294.
    20. Chun Chang & Kaiji Chen & Daniel F. Waggoner & Tao Zha, 2016. "Trends and Cycles in China's Macroeconomy," NBER Macroeconomics Annual, University of Chicago Press, vol. 30(1), pages 1-84.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tig:journl:v:2:y:2013:i:3:p:34-39. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Maria Oroian (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.