19. How to Look at Chinaâs Current Price Situation
äºThe China Economy Yearbook, Volume 3Search for other papers by Jingxing Zhao in
Current site
Google Scholar
PubMed
Purchase instant access (PDF download and unlimited online access):
Purchase instant access (PDF download and unlimited online access):
With the advance of globalisation, China has become increasingly involved in the global economy. Against this background, significant change has occurred in the factors influencing Chinas price conditions. In terms of methodology, this means a need to improve Chinas traditional price situation analysis model. Two points in particular must be stressed. Firstly, Chinas traditional price situation analysis model is based on a closed economythis provides a general introduction to the international economy from the macroeconomic perspective, but makes no in-depth analysis of the relationship between the Chinese economy and the international economy. Secondly, the traditional analytical model usually refers to the macroeconomic analytical model. This chapter analyses Chinas current price situation in the global economic context and the causes for the changes in Chinas current prices, as well as the economic consequences of these price changes, in order to provide basic ideas for policy making.