ANALYSIS OF CHINESE FINANCIAL RISK LEVEL

摘要

This paper analyzed two opposite opinions about the national financial risk, the traditional viewpoint is that China has very high financial risk for the huge amount of bad loans of Chinese banks. New point is that China is still in the low financial risk level condition. We considered that national financial risk level is decided by two factors, they are the national comprehensive debt level and government's ability to control crisis. Furthermore a formula is given to compute the actual comprehensive financial risk level of China. According the national comprehensive financial risk level index, we deem it that the financial risk level of China is still in safe condition.