Analysis China's financial supervision from sub-loan crisis
Abstract
Emerged in early 2007 at the United States to the global credit crisis has spread around the world into economic crisis. The sub-loan crisis in the supply of funds is reflected in a lowering of credit threshold to the neglect of risk management, demand-side over-lending, mortgage financing should be a cause of repeated commercial banks and loan buyers alert. As this should bear the primary responsibility for financial supervision and management of the U.S. government, the crisis in the lack of supervisory role, monitoring not in place, making sub-loan crisis of the financial crisis spreading, and ultimately evolved into the scope of the impact to the global economic crisis, a large extent, reflects the existence of the U.S. regulatory system of information asymmetry, institutional shortcomings, the standard out-of-control and other factors. As an emerging market economies of China, in the context of globalization, the constant search for financial innovation is the only way for China's financial industry, as the macroeconomic guidance from the Chinese government should be in the sub-loan crisis, lessons learned, and effectively carry out their regulatory responsibilities, and guide the healthy development of the financial industry
【Key Words】 meeting mortgage loan crisis financial supervision and regulation mixed operation system
