The Generation Of The Financial Crisis And China's Commercial Banks

Sub-prime crisis made the world's financial markets and financial order a devastating blow, and a direct result is the recession of the world economy. China's financial industry has been suffering Sub-prime crisis inevitably, even some banks led to loss. Financial crisis give China's banking a good lesson. It makes us have a whole new opinion on our banking business, business theory and way. While it has been a long time from the Sub-prime crisis, it's power still can not be neglected. At present the overall financial markets are still running under the shadow of Sub-prime crisis and the world economy is forced to fall. Although Sub-prime crisis has a lighter impact on China comparing to other countries because China's capital market has not fully been opened to the outside world, it should be noted that the depreciation of the U.S. dollar, consumer downturn and global tightening of liquidity as well as the global economy downing trend still have the huge impact on China's macroeconomic, as well as the financial sector practitioners and the theory and impact of practitioners.The article originally is divided into three parts. The first part is mainly about the origin of Sub-prime crisis, describing the Sub-prime crisis triggering the global imbalances and the recession of the global economy; The second part is majored in financial crisis, followed from the financial crisis on the global economy to international capital flows and the three angles of the financial industry to analyze its impact, in-depth analysis of the root causes of the financial crisis and a detailed analysis of the United States financial crisis on Chinese economic impact; The third part analyzes the financial crisis on the impact of China's banking industry. It shows that China's commercial banks should speed up the operating structure to reconcile the need to promote the strategic transition, as well as response measures to be taken. This paper attempts to analyze the root causes of the financial crisis and find out reasons, researches the development of state-owned banks are facing the challenges and opportunities, and assists state-owned commercial banks to actively look for strategies to ensure the stability of operation and healthy development in the future.