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The Chinese Current Account Decrease: Reasons And Consequences

Author

Listed:
  • Petra Spirkova

    (University of Economics in Prague)

  • Martina Jirankova

    (University of Economics in Prague)

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.

Suggested Citation

  • Petra Spirkova & Martina Jirankova, 2020. "The Chinese Current Account Decrease: Reasons And Consequences," Medzinarodne vztahy (Journal of International Relations), Ekonomická univerzita, Fakulta medzinárodných vzťahov, vol. 18(2), pages 134-155.
    • Handle: RePEc:brv:journl:v:18:y:2020:i:2:p:134-155
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    File URL: https://fmv.euba.sk/RePEc/brv/journl/MV2020-2.pdf
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    More about this item

    Keywords

    China; current account; financial account; savings; investment;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics

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