Chinese Banks on the New Stage of Economic Development

The article is a survey on the role of Chinese banks in the modernization of the economy and countervailing the global financial and trade crises in 2008—2009. Through the analysis of indicators of economic growth, inflation and banking rates the author draws a conclusion on the beginning of an upward trend in China’s economy.

soft landing, bad debts, recapitalization, internal consumption, China, anti-recessionary program, credit rating, investment model, political financing