Princeton University Library Catalog

Chinese Imports [electronic resource] : What's Behind the Slowdown?. / Joong Shik Kang.

Author:
Kang, Joong Shik [Browse]
Format:
Book
Language:
English
Published/​Created:
[Washington, D.C.: International Monetary Fund, 2016]
Description:
1 online resource (34 p.)
Series:
IMF Working Papers [More in this series]
Summary note:
Real imports in China have decelerated significantly over the last two years to below 4 percent (yoy) from double-digit growth in previous years. Weaker investment, partly due to progress in rebalancing from investment to consumption, has been the main factor accounting for about 40-50 percent of slowdown during this period. Weaker exports also account for about 40 percent of slowdown, of which about a quarter is due to stronger RMB. Onshoring-substitution of imported intermediate inputs with domestic production-has not been an additional drag over this period but it continues to slow import growth at a similar pace as previous periods. There is large uncertainty about the impact of rebalancing on the import slowdown due to difficulties in identifying the counterfactual nonrebalancing path.
Source of description:
Description based on print version record.
ISBN:
1484368622 :
Doi:
  • 10.5089/9781484368626.001
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