Aizenman, Joshua; Jinjarak, Yothin; Zheng, Huanhuan - National Bureau of Economic Research (NBER) - 2015
The Global Financial Crisis (GFC) brought to the fore the limits of the Chinese export led-growth strategy and the need for Chinese rebalancing. The Chinese export-led growth strategy of the 2000s coincided with the country becoming one of the largest net global creditors. Intriguingly, the...