Open AccessStudy on the Possibility of Subprime Crisis or Other Forms of Financial Crisis in China
Author(s) -
Rundong Wang
Publication year - 2021
Publication title -
bcp business and management
Language(s) - English
Resource type - Journals
ISSN - 2692-6156
DOI - 10.54691/bcpbm.v13i.53
Subject(s) - china , subprime crisis , financial crisis , subprime mortgage crisis , vitality , real estate , financial system , business , economics , economy , finance , political science , keynesian economics , philosophy , theology , law
It has been 13 years since the subprime crisis happen in the USA. The America has regained its vitality it had lost from the crisis, but in China a new hyperpower, the real estate section seems to stage the same history, rising price and house buying frenzy, as America did. It is worth thinking about that whether the next subprime crisis or a similar financial crisis happen in China.