Research On Financial Transmission Of U.S Business Cycle To Chinese Business Cycle

In the opening marketing,especially in the economic globaliztionand deeped in today’s world,a country’s economy will inevitably suffer from external change economic fluctuations from the interior of the country through certain channels, mode and process spread to other countries. This main point of the view of financial transmission on the consideration of the financial market opening degree practical factors.compares the U.S business cycle and Chinese business cycle finded out the association between them,analyzing the possible ways of U.S business cycle to chinese business cycle,and focuses on analyzing the financial transmission.The paper is use vetor autoregressive model(VAR) which an empirical analysis of the financial conduction. Through the research shows that,china merge with the world economy and the U.S economy more closer,the U.S business cycle through the financial volatility way including monetary policy,credit and captial market on our country’s business cycle is obvious.In the case of that,based on the existing in the development of our country’s financial problems,and puts forward relevant policy suggestions,in order to reduce external economic fluctuations through the financial conduction of economic impact.