THE PLACE OF ECONOMY OF CHINA IN THE WORLD ECONOMY SYSTEM IN CONDITIONS OF GLOBAL FINANCIAL CRISIS

Abstract

The article analyses the China's leading position in the global economy. Defined the link between global economic growth and the economy of the People's Republic of China. Investigated an active and positive role of China in the process of entering the global financial crisis and the global economic recovery. Analysed main effects of the global crisis on the Chinese economy, and causes over which China did not experience a total collapse of the economy.