IDEAS home Printed from https://ideas.repec.org/a/brv/almnch/v10y2019i3p70-82.html
   My bibliography  Save this article

Analysis Of The Causes Of The Process Of China’S Gdp Growth Decline And Perspective Solutions. Part 2

Author

Listed:
  • Peter Ondris

    (Fakulta managementu, Univerzita Komenského v Bratislave)

Abstract

The goal of the second part of this study is the analysis of debt problems China is facing. It is based on the fact that economic stimulus in the form of investment into fixed assets are debt-financed. Specific emphasis is put on the analysis of home real estate debt market with purpose to evaluate the risk of banking sector crisis or of the burst of the bubble due to growing debt. The result is that the risk is in realty relatively low, because the vast majority of bad loans are corporate and not household debts, which were created between state banks and state enterprises. Therefore Chinese state controls big portion of debt, which has been used to finance economic stimulus programs. The study mentions solutions which Chinese government plans to use to guarantee sustainable economic growth (industrial strategy Made in China 2025) and to solve the demographic crisis (Concept Chinese Dream). The second part of the study ends with overall conclusion of the whole study, in which current economic stimulus programs and related risks are evaluated.

Suggested Citation

  • Peter Ondris, 2019. "Analysis Of The Causes Of The Process Of China’S Gdp Growth Decline And Perspective Solutions. Part 2," Almanach (Actual Issues in World Economics and Politics), Ekonomická univerzita, Fakulta medzinárodných vzťahov, vol. 14(3), pages 70-82.
  • Handle: RePEc:brv:almnch:v:10:y:2019:i:3:p:70-82
    as

    Download full text from publisher

    File URL: https://fmv.euba.sk/RePEc/brv/almnch/A2019-3.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    China; China’s economy; Global economic crisis; the US-China trade war; Chinese economy reforms;
    All these keywords.

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • F69 - International Economics - - Economic Impacts of Globalization - - - Other

    Statistics

    Access and download statistics

    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:brv:almnch:v:10:y:2019:i:3:p:70-82. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Eva Vlkova (email available below). General contact details of provider: https://edirc.repec.org/data/eubaask.html .

    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.