A Silver Lining
2008-11-20MEIXINYU
Beijing Review 2008年46期
MEI XINYU
With U.S. and European financial institutions losing liquidity, the subprime mortgage crisis has become the biggest financial crisis since the Great Depression. It has spread to the real economy, infecting the Chinese market through foreign enterprises in China. Although the financial crisis threatens the stability of China's domestic market, at the same time it creates a good opportunity for China to counterpurchase foreign enterprises or assets in the country.