China's Foreign Debt In The Financial Integration Under The Conditions Of A Moderate Scale Study

Utilizing foreign debt as an effective way to accelerate the accumulation of the domestic capital and promote a nation's development is now being taken by most developing countries as an important economic strategy , but lessons of debt crisis also let us know the grave consequences of the improper use of foreign debt, especially under the environment of globalization in which the instability of the international interest rate, exchange rate and market price are being boost up, a nation's open economy and financial industry are also impacted. So we must control the appropriate foreign debt scale to prevent our country from the emergence of debt crisis.In this paper the indicator system and dynamic calculating method for the appropriate foreign debt scale are designed, the current state of the debt scale of China is evaluated with all the indicators, meanwhile, the problems and uncertain factors influencing the appropriate foreign debt scale under the globalization environment are also analyzed. On these bases, the prudent control propose of debt scale is brought forward and suggestions to strengthen the foreign debt management are also advanced.