Study on the Possibility of Subprime Crisis or Other Forms of Financial Crisis in China

Rundong Wang

doi:10.54691/bcpbm.v13i.53

Study on the Possibility of Subprime Crisis or Other Forms of Financial Crisis in China

Authors

Rundong Wang

DOI:

https://doi.org/10.54691/bcpbm.v13i.53

Keywords:

Subprime Crisis; Financial Crisis; Similarity; Differences.

Abstract

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.

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References

Jarvis, J. (Director). (2012). Crisis of Credit [Motion Picture]. Retrieved from http://crisisofcredit.com/.

KAGAN, J. (2021, 8 15). Mortgage-Backed Security (MBS). Retrieved from Investopedia: https:// www. investopedia.com/terms/m/mbs.asp.

TARDI, C. (2021, May 20). Collateralized Debt Obligation (CDO). Retrieved from Investopedia: https:// www. investopedia.com/terms/c/cdo.asp.

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Published

2021-11-16

Issue

Vol. 13 (2021): 5th International Conference on Economics and Management, Education, Humanities and Social Sciences (EMEHSS 2021)

Section

Articles

License

This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

Wang, R. (2021). Study on the Possibility of Subprime Crisis or Other Forms of Financial Crisis in China. BCP Business & Management, 13, 113-117. https://doi.org/10.54691/bcpbm.v13i.53