美国金融危机成因分析及对中国的警示

美国金融危机引发全球金融市场动荡。这场金融危机从美国的房地产市场开始，以惊人的速度蔓延，波及至信贷市场、资本市场，封全球尤其是西方金融机构和金融市场造成重大冲击，短期内升级为全球金融风暴。中国目前正处于资产价格上涨、信贷投放过度的经济环境之中，美国的金融危机给中国敲响了警钟。本文通过描述此次危机的发展脉络，在分析美国金融危机背景的基础上，从强化房地产按揭贷款业务风险管理，审慎推进资产证券化等六个方面得出了对中国的警示。

The analysis of the background of financial crisis in the United States and the alert to China

The financial crisis in the United States triggered the global turmoil in financial markets. The financial crisis in the United States started from the real estate market, spread to the credit markets and capital markets at an alarming rate. It had a significant effect on the global, especially on the western financial institutions and markets. In the short term, it was updated to be a global financial storm. Presently, China is in such an economical environment： The prices of assets are in rising and credits are over delivered. The financial crisis in the United States sounds alarm to China. This article, describes the process of this crisis firstly. Then, it ruts forward the alarm to China based on the analysis of the background of financial crisis in the United States from the follow five aspects： strengthening the risk management of mortgage loan service in the real estate, promoting the assets securitization prudently and so on.