IDEAS home Printed from https://ideas.repec.org/a/scm/ecofrm/v6y2017i2p1.html
   My bibliography  Save this article

China’S Economic Rebalancing: What Are The Implications For Its External Sector?

Author

Listed:
  • Marina SOLOVIOVA

    (Academy of Economic Studies of Moldova)

Abstract

This paper examines the core aspects of China’s economic rebalancing process (from industry to services and innovations, from investment to consumption, and from exports to domestic demand), presents the main economic policy measures adopted to that end by China’s government, paying special attention to the impact of this process on the external sector of the Chinese economy, relevant for the rest of the world. We use China’s balance of payments and international investment position statistics to identify several major trends in China’s external sector in the context of economic rebalancing, among which the gradual abandoning by China of its role as assembler of goods after processing and shifting from “double surplus†(in the current account and in the financial account) to “current account surplus and net capital outflow†, in connection with China’s entering into the next phase of economic development.

Suggested Citation

  • Marina SOLOVIOVA, 2017. "China’S Economic Rebalancing: What Are The Implications For Its External Sector?," EcoForum, "Stefan cel Mare" University of Suceava, Romania, Faculty of Economics and Public Administration - Economy, Business Administration and Tourism Department., vol. 6(2), pages 1-1, July.
    • Handle: RePEc:scm:ecofrm:v:6:y:2017:i:2:p:1
    as

    Download full text from publisher

    File URL: http://ecoforumjournal.ro/index.php/eco/article/view/625/375
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Huang, Yiping, 2016. "Understanding China's Belt & Road Initiative: Motivation, framework and assessment," China Economic Review, Elsevier, vol. 40(C), pages 314-321.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Damoah, Kaku Attah & Giovannetti, Giorgia & Marvasi, Enrico, 2022. "Do country centrality and similarity to China matter in the allocation of belt and road projects?," Structural Change and Economic Dynamics, Elsevier, vol. 62(C), pages 660-674.
    2. Salma Ahmed, 2023. "Development Of Asia-Pacific Countries: Does Belt And Road Initiative Make Any Difference?," Asia-Pacific Sustainable Development Journal, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), vol. 30(1), pages 217-262, May.
    3. Krishna Chaitanya Vadlamannati & Yuanxin Li & Samuel Brazys & Alexander Dukalskis, 2019. "Building Bridges or Breaking Bonds? The Belt and Road Initiative and Foreign Aid Competition," Working Papers 201906, Geary Institute, University College Dublin.
    4. Li, Lei & Luo, Changtuo, 2023. "Does administrative decentralization promote outward foreign direct investment and productivity? Evidence from China," Economic Modelling, Elsevier, vol. 124(C).
    5. Shaikh Shamim Hasan & Xiangzheng Deng & Zhihui Li & Dongdong Chen, 2017. "Projections of Future Land Use in Bangladesh under the Background of Baseline, Ecological Protection and Economic Development," Sustainability, MDPI, vol. 9(4), pages 1-21, March.
    6. Hai Yang, 2018. "Time to up the game? Middle Eastern security and Chinese strategic involvement," Asia Europe Journal, Springer, vol. 16(3), pages 283-296, September.
    7. Muhammad Khalil Khan & Imran Ali Sandano & Cornelius B. Pratt & Tahir Farid, 2018. "China’s Belt and Road Initiative: A Global Model for an Evolving Approach to Sustainable Regional Development," Sustainability, MDPI, vol. 10(11), pages 1-20, November.
    8. Mingchen Duan & Yi Duan, 2023. "Research on Oil and Gas Energy Cooperation between China and Central-North Asian Countries under the “One Belt and One Road” Strategy," Energies, MDPI, vol. 16(21), pages 1-17, October.
    9. ESCAP secretariat, 2023. "Accelerating Climate Action In Asia And The Pacific For Sustainable Development," Asia-Pacific Sustainable Development Journal, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), vol. 30(1), pages 1-17, May.
    10. Sha, Yezhou & Song, Weijia, 2021. "Can Bitcoin hedge Belt and Road equity markets?," Finance Research Letters, Elsevier, vol. 42(C).
    11. Tritto, Angela & Haini, Hazwan & Wu, Hongsen, 2024. "Help with strings attached? China’s medical assistance and political allegiances during the Covid-19 pandemic," World Development, Elsevier, vol. 178(C).
    12. Li, Ying & Shou, Yongyi & Ding, Ronggui & Sun, Tao & Zhou, Qing, 2019. "Governing local sourcing practices of overseas projects for the Belt and Road Initiative: A framework and evaluation," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 126(C), pages 212-226.
    13. Koffi Dumor & Li Yao, 2019. "Estimating China’s Trade with Its Partner Countries within the Belt and Road Initiative Using Neural Network Analysis," Sustainability, MDPI, vol. 11(5), pages 1-22, March.
    14. Mengzhu Zhang & Si Qiao & Xiang Yan, 2021. "The secondary circuit of capital and the making of the suburban property boom in postcrisis Chinese cities," Environment and Planning A, , vol. 53(6), pages 1331-1355, September.
    15. Xiaohan Wang & Minqiang Zhou & Yining Xia & Junshen Zhang & Jianting Sun & Bin Zhang, 2024. "Evolution of China’s Coastal Economy since the Belt and Road Initiative Based on Nighttime Light Imagery," Sustainability, MDPI, vol. 16(3), pages 1-17, February.
    16. Yuan, Jiahai & Li, Xinying & Xu, Chuanbo & Zhao, Changhong & Liu, Yuanxin, 2019. "Investment risk assessment of coal-fired power plants in countries along the Belt and Road initiative based on ANP-Entropy-TODIM method," Energy, Elsevier, vol. 176(C), pages 623-640.
    17. Fayin Xu, 2019. "The Belt and Road Initiative and Globalization:The Perspective of Globalization-Constituting Theory," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, issue 1, June.
    18. Adekoya, Oluwasegun B. & Oliyide, Johnson A. & Kenku, Oluwademilade T. & Ajayi, Oluwafisayo F., 2023. "China's technological spillover effect on the energy efficiency of the BRI countries," Energy Policy, Elsevier, vol. 182(C).
    19. Changhong Zhao & Haonan Zhang & Yurong Zeng & Fengyun Li & Yuanxin Liu & Chengju Qin & Jiahai Yuan, 2018. "Total-Factor Energy Efficiency in BRI Countries: An Estimation Based on Three-Stage DEA Model," Sustainability, MDPI, vol. 10(1), pages 1-15, January.
    20. (Corresponding author) Joyashree Roy & Hasan Mahmud, 2023. "What To Focus On In Order To Accelerate Access To Modern Energy Services And Energy Use Efficiency In Bangladesh," Asia-Pacific Sustainable Development Journal, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), vol. 30(1), pages 89-120, May.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:scm:ecofrm:v:6:y:2017:i:2:p:1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Iulian Condratov (email available below). General contact details of provider: https://edirc.repec.org/data/feusvro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.