Study On The Effect Of The European Debt Crisis To China’s Financial Market And Countermeasures

The European debt crisis is another problem in the world after the sub-loan crisisin the United States, pose a serious threat to the already fragile global economy. Inrecent years, with the development of economic globalization and the deepening offinancial liberalization, the development of China’s financial market has made greatprogress, however, since the outbreak of the debt crisis, the global economy wasseverely affected, the European debt crisis risk in a short period of time has passed tothe European financial market, at the same time, its influence on the emergingcountries the Asian part of the financial market has begun to gradually appear,especially for China’s financial market impact from the foreign exchange market, hasspread to the capital market and monetary market, at present, our country is facing abig test since the global financial crisis.This paper from the evolution process of the European debt crisis started, andthen from the Dubai crisis and financial crisis, monetary policy and fiscal policyasymmetry, Europe’s economic structure unbalance, the three major internationalcredit rating agencies and international financial institutions to push these four aspectsto reveal the reason of this crisis, in addition, this paper also to the European debtcrisis on the financial market of our country as the main line, respectively, throughin-depth analysis of the foreign exchange market, capital market and monetary marketthese three aspects, and further elaborated the three markets are influenced by thedegree of. Finally, on the basis of the above research, this paper puts forward thefinancial market of our country have taken in response to the debt crisis.