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How Tourism Affects China’s Current Account Surplus
Friday, March 24, 2017 3:33
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from the St Louis Fed
China has been a net lender to the rest of the world for many years. However, the relative size of this current account surplus has declined significantly from its peak in 2007. A big factor behind the decline? A rise in Chinese tourism.
Source: http://econintersect.com/pages/contributors/contributor.php?post=201703240515
