The Drivers, Implications and Outlook for China's Shrinking Current Account Surplus »
Journal Issue
Volume/Issue: 2019/244
Series: IMF Working Papers
Author(s): Pragyan Deb , Albe Gjonbalaj , and Swarnali Hannan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 08 November 2019
DOI: http://dx.doi.org/10.5089/9781513516097.001
ISBN: 9781513516097
Keywords: Accounting, Aging, Assets, Balance of trade, Bank deposits, Bilateral trade, Bonds, Capital, Capital account, Capital flows
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 expans...
