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Tsunami in New York Earthquake in Beijing?


  • FAN He



A butterfly in New York flaps its wingsand may finally cause a storm in BeijingWellthenhow about a devastating tsunami in New York? In the last monththe whole world watched the American financial crisis unfolding day-by-dayRipples from the Wall Street spread to each corner of the global economyWhen this financial tsunami finally hit Chinashould we expect the shaking of earth and a collapse of the Chinese economy?

Suggested Citation

  • FAN He, 2008. "Tsunami in New York Earthquake in Beijing?," Finance Working Papers 22733, East Asian Bureau of Economic Research.
  • Handle: RePEc:eab:financ:22733

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    More about this item


    financial tsunami; financial crisis; decoupling thesis;

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
    • G20 - Financial Economics - - Financial Institutions and Services - - - General


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