IMF working paper examines China’s current account imbalances

International Monetary Fund headquarters

A working paper published by the International Monetary Fund in April says it is "too early to conclude" that rebalancing has occurred in China.

The paper's authors, Ashvin Ahuja, Nigel Andrew Chalk, Malhar Nabar, Papa N'Diaye and Nathan Porter, write that China's medium-term current account is likely to stay below its pre-crisis range, but that this should not be viewed as a sign that rebalancing has been achieved.

The authors say that while "imbalances do not currently seem to be manifesting

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