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Friday, June 27, 2014
Chan Kung:China's Coping Strategies for Middle East Financial Crisis
ANBOUND

Based on multi-information, Chan Kung, ANBOUND Chief Researcher, states that the recent consecutive routs in Dubai's stock market have actually indicated the outbreak of the Middle East financial crisis. To deal with this issue, China should first actively participate in the multilateral cooperative network and contribute to the economic and political stability and cooperation with the Middle East countries and regions, in order to prevent the crisis from further spreading; second, actively promote the application of the current international financial mechanism and platform and mitigate its impact on the global capital market; third, vigorously enhance the regional cooperation to gain further momentum for the global financial and economic stability by making use of the bilateral and multilateral mechanism; fourthly, promptly enlarge the enforcement of the domestic fiscal and monetary policies and fulfill the idea of Inclusive Financial system by relaxing financial market control, so as to guarantee the stability of the domestic economic and financial system.

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