CEPII, Recherche et Expertise sur l'economie mondiale
The rebalancing of China’s foreign trade


Françoise Lemoine
Deniz Ünal

China was a major player in the rise of global imbalances in the mid-2000s. If its overall trade surplus has decreased since 2007, its bilateral surpluses with the U.S. and Europe remain quite large. China’s import demand has mainly benefited to its Asian neighbors and to raw material producing countries. However, Europe has also taken advantage of China’s demand in consumption goods and increased its share in this market. The slowdown in international demand makes the rebalancing of China’s domestic demand towards household consumption more necessary than ever for China's growth and is expected to benefit to European exporters1.

 Keywords : CHINA | GROWTH | FDI | FOREIGHN TRADE | DOMESTIC MARKET

 JEL : F10, F20, F15, F23, O53



Subscribe to La Lettre du CEPII with our RSS feed
https://www.cepii.fr/CEPII/rss/RSSLettre.asp
La Lettre du CEPII
N° 320   May 2012


Full Text

 French Version

Référence
BibTeX (with abstract),
plain text (with abstract),
RIS (with abstract)

Back