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China and Asia in Global Trade Slowdown
Gee Hee Hong, Jaewoo Lee, Wei Liao, Dulani Seneviratne 2016-05-30
Abstract
Asia and China made disproportionate contributions to the slowdown of global trade growth in 2015. China’s import growth slowed starkly, driven by both external and domestic factors, including a rebalancing of demand. Econometric results point to weak investment and rebalancing as the main causes of the import slowdown. Spillover effects from China’s rebalancing are estimated for some 60 countries using value-added trade data, and are found to be more negative on Asia and commodity exporters than others.
이전글 | 关于中国的市场经济地位,欧美表态不那么重要 | 2016-05-30 |
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다음글 | Recovery pace is moderating in Q2 | 2016-05-30 |