In 2019, an article in the Economist argued, In 2019 China could well run its first annual

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In 2019, an article in the Economist argued, “In 2019 China could well run its first annual current-account deficit since 1993. . . . That in turn means that China will need to attract net capital inflows.” Briefly explain the reasoning behind this conclusion.

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Economics

ISBN: 9780135957554

8th Edition

Authors: Glenn Hubbard, Anthony Patrick O Brien

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