|
Since the 1980s, the world economic globalization and financial integration process continues to accelerate the liberalization of international capital flow patterns show trends. In relation to this, especially since the 1990s, the worldwide several times after another outbreak of the financial crisis, such as the 1992 British currency crisis, the 1994 Mexican financial crisis, the 1997 Asian financial crisis, 1998 The Russian financial crisis in 1999, the Brazilian financial crisis, the financial crisis in Argentina in 2001, the 2002 financial crisis in Brazil, Uruguay, financial crisis, financial crisis, there were several of these large-scale and high flow rates and international capital flows have great relationship. This fully shows that international capital flows is a \Since 2002, China's international capital flows from the 1997-2001 strong net outflows to net inflows. Sizeable international capital flows within China, in China's economic and financial operations play an increasingly important role, and become China's \This article from the perspective of international short-term capital flows, combined with relevant theoretical research and China's reality, since 2002, China's international short-term capital inflows situation, influencing factors, to the Chinese economy's potential risks and impact of a more system analysis, and on this basis proposed for the management of international short-term capital flows, policy recommendations. Articles since 2002 in international short-term capital inflows into China when analyzing the current situation, the use of quantitative and qualitative analysis of the combination of the first reference to the CASS Institute of Economics (2005) method of measuring changes in foreign exchange reserves minus to direct foreign investment and foreign trade balance of the net value of short-term international capital flows come to the net, and in accordance with the relevant data for 1999 to 2005 in the first half of the international short-term capital flows was calculated. In addition, this paper also proposed from foreign exchange reserves, balance of payments, net errors and omissions value, incremental short-term debt, foreign exchange, and several different angles on the trend of international short-term capital flows for roughly calculations to arrive since 2002 Since a large number of international short-term capital inflows into China conclusions. Then in recent years to enter China's international
|