CHINESE INFLUENCE ON THE GLOBALIZATION PROCESSES DURING THE CONTINUING WORLDWIDE ECONOMIC CRISIS

The article aims at describing Chinese reactions on the world economic crisis. They are reflected by solutions applied in the currency/financial sphere as well as in the real economy. The effectiveness of maintaining the currency stability and the export offensive which multiplies the currency reserves results in further economic growth. It contributes to forming a new centre in the Chinese economy, thus affecting the non-Chinese sectors of the world economy.