Current account surplus may damp the effects of China’s credit boom
Abstract: In contrast to similar credit expansions in the euro periphery in the 2000s and East Asia in the 1990s, China?s credit boom is far less likely to end in a dramatic bust because it?s financed by domestic savings.
File format is application/pdf
Description: Full text
Provider: Federal Reserve Bank of Dallas
Part of Series: Economic Letter
Publication Date: 2015-01