Neither a Borrower Nor a Lender : Does China's Zero Net Foreign Asset Position Make Economic Sense?
China in the past few years has emerged as a net foreign creditor on the international scene with net foreign assets slightly greater than zero percent of wealth. This is surprising given that China is a relatively poor country with a capital-labor ratio about one-fifth the world average and one-ten...
| Main Authors: | , |
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| Format: | Policy Research Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2005/12/6479844/neither-borrower-nor-lender-chinas-zero-net-foreign-asset-position-make-economic-sense http://hdl.handle.net/10986/8560 |