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How big is the impact of the European debt crisis on China's economy?
Personal opinion, for reference only.

1. Under the debt crisis, Europe may implement a tight fiscal policy, which may inhibit economic growth, reduce demand and reduce imports, so China's export enterprises may have a hard time. Although I have always been too opposed to exports, let's talk about it here.

2. The economic outlook is uncertain, the demand for money decreases, the euro may fall, and China's euro foreign exchange will also be lost.

Issuing more money to pay off debts may also aggravate inflation all over the world. (Because inflation in Europe and America is not serious or even deflation, it is possible. )

If the debt crisis becomes a reality, it may affect the financial industry. Bank insurance will suffer losses. With the integration of the world economy, the whole world will be affected by the financial crisis. The drastic change of currency will affect the financial stability of any country.

(Welcome to ask questions and discuss together)