Journal Article

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.

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Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Part of Series: Economic Letter

Publication Date: 2015-01

Volume: 10

Issue: 1

Pages: 1-4