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THE CHINESE CURRENT ACCOUNT DECREASE: REASONS AND CONSEQUENCES

Petra Spirkova () and Martina Jirankova ()
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Petra Spirkova: University of Economics in Prague
Martina Jirankova: University of Economics in Prague

Medzinarodne vztahy (Journal of International Relations), 2020, vol. 18, issue 2, 134-155

Abstract: The article aims at the reasons and consequences of the Chinese current account surplus decrease in the years 2007 – 2018. The topic is studied from the view of the country development in the current account, resp. exports and imports of goods and services, its financial account and from the development of the relation between savings and investments. The internal reasons and the development of the world economy are put into the context, especially with the financial and economic crisis, the development in the USA and in the European Union and the European debt crisis.

Keywords: China; current account; financial account; savings; investment (search for similar items in EconPapers)
JEL-codes: F10 F32 F41 (search for similar items in EconPapers)
Date: 2020
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