Analysis of China's Response to the 2008-2009 Global Financial Crisis

This paper focuses on China's situation and responses during the 2008-2009global financial Crisis by analyzing statistics covering several aspects. Contents cover the financial crisis's influence on China and why harmed China's economy. Chinese government's responses: pro-active fiscal policy, monetary easing policy, as well as their immediateeffects are analyzed respectively. The long-termeffects of these policies are also included. In addition, the debate on whether China should be blamed for the crisis is also analyzed, together with suggestions for China's future development.