Ｔｈｅ Ｉｍｐａｃｔ Ｏｆ Ｇｌｏｂａｌ Ｆｉｎａｎｃｉａｌ Ｃｒｉｓｉｓ ｏｎ ｃｈｉｎａ ｃｈｅｍｉｃａｌ Ｆｌｂｅｒ Ｉｎｄｕｓｔｒｙ ａｎｄ Ｒｅｓｐｏｎｓｅ ｓｔｒａｔｅｇｉｅｓ（ＰａｒｔⅡ

Prospects of Global Financial Crisis andEconomic Crisis

The widely spreading global financial crisis has halted the fastgrowth of world economy in five consecutive years， and heavilystricken the financial and economic sectors worldwide. It's secondonly to the \"Great Depression\" in the 1930's. Governments ofvarious countries all over the world have carried out a series ofbailout plans in 2008. China has also taken a series of macro controlmeasures such as easy monetary policy and proactive financialpolicies.