期刊：
Journal of Advanced Oxidation Technologies,2018年21(2) ISSN：1203-8407
通讯作者：
Tong, J.
作者机构：
Economics and Management School, Wuhan University, Wuhan, Hubei, 430072, China;International College, Central South University of Forestry and Technology, Changsha, Hunan, 410004, China
通讯机构：
Economics and Management School, Wuhan University, Wuhan, Hubei, China
关键词：
Agent Algorithm;Analysis of Stability;Financial Structure
期刊：
Revista de la Facultad de Ingeniería Universidad Central de Venezuela,2017年32(11):847-852 ISSN：0798-4065
通讯作者：
Tong, Jing
作者机构：
[Tong, Jing] Economics and Management School, Wuhan University, Wuhan, 430072, China;[Tong, Jing] International College, Central South University of Forestry and Technology, Changsha, 410004, China
摘要：
The gradual advancement of economic globalization has led to the continuous expansion of international capital flows. The way of capital flows such as foreign investment and portfolio investment has gradually emerged. The massive flow of international capital on a global scale, to a certain extent, makes up the shortage of funds in the host country, which has brought opportunities for the economic development of the world. But at the same time, there are some drawbacks in the flow of international capital, such as the host country asset price bubble triggering a financial crisis. On the basis of combing scholars' literature on the influence of international capital flow, this paper demonstrates the influence of international capital flow on China's financial stability from both theoretical and empirical aspects. The empirical results show that international capital flows can have a significant impact on the stability of China's finances. Among them, the reversal of the total amount of international capital flows has the greatest impact on China's Gross Domestic Product (GDP), and the impact of the reversal of foreign direct investment runs the second. The impact relationship between the reversal of international debt and GDP is negative. It is hoped that through the research of this paper, it will provide theoretical basis for China to accept international capital injection in the later period to enhance the stability and security of China's financial market.<br/>
