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Scanning the Ups and Downs of China’s Trade Imbalances

Francoise Lemoine and Deniz Ünal ()

Working Papers from CEPII research center

Abstract: Since 2007 China has considerably reduced its external global imbalances. Its bilateral trade surpluses with the EU and the US have persisted because the rise of China’s import demand has mainly benefited its Asian neighbors and the resource rich countries. The rapid growth of China’s imports of consumption goods from advanced economies, especially from Europe, suggests that they would benefit from a reorientation of China’s domestic demand towards household consumption.

Keywords: China; Growth model; FDI; Foreign trade; Domestic market (search for similar items in EconPapers)
JEL-codes: F1 F15 F2 F23 O53 (search for similar items in EconPapers)
Date: 2012-06
New Economics Papers: this item is included in nep-int
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