The Drivers, Implications and Outlook for China’s Shrinking Current Account Surplus

The Drivers, Implications and Outlook for China’s Shrinking Current Account Surplus
China’s current account surplus has declined significantly from its peak in 2008 and the external position in 2018 was in line with medium-term fundamentals and desirable policies. While cyclical factors and expansionary credit and fiscal policies contributed, the trend decline has been largely structural, driven by economic rebalancing from... READ MORE...

Publication date: November 2019
ISBN 9781513516097
$18.00

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Publication date: November 2019

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