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The Spillover Report and Selected Issues on China

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PEOPLE’S REPUBLIC OF CHINA SPILLOVER REPORT FOR THE 2011 ARTICLE IV CONSULTATION AND SELECTED ISSUES

  • “Issues. Spillover reports explore the external effects of policies in systemic economies, focusing on issues raised by key partners. In the case of China, these partners saw benefits from its growth, especially during the crisis, but were also concerned to varying degrees about spillovers from (1) a potential disruption to China’s so far steady growth; (2) the slow pace of currency adjustment; and (3) a further build up in foreign exchange reserves, already the largest in the world, and the closed capital account.”
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