Author(s): Anoop Singh , Malhar Nabar , and Papa N'Diaye
Publisher: China Financial Economic Publishing House
Publication Date: 19 March 2018
Keywords: Asia, current account, real interest rate, financial reform, real estate, current account surplus
China's current account surplus has declined to around one-quarter the peak reached before the global financial crisis. While this is a major reduction in China's external imbalance, it has not been accompanied by...