Thursday, June 14, 2018

China posted its first current account deficit in a long time in Q1. Is the deficit due to rebalancing or other factors? The bulk of the decline reflects high oil prices, as opposed to any marked progress on rebalancing. We project a surplus of $94bn, down from $165bn last year.

IIF Authors

Sergi Lanau

Sergi
Lanau
Deputy Chief Economist
slanau@iif.com

Gene Ma

Gene
Ma
Head of China Research
202-857-3305
gma@iif.com

Gregory Basile

Gregory
Basile
Senior Research Analyst
gbasile@iif.com

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