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来源类型AJISS-Commentary
规范类型评论
The CHY issue becomes a global risk
Toshiya Tsugami
发表日期2015-11-05
出处AJISS-Commentary No.220
出版年2015
语种英语
摘要
  • The Chinese economy is unlikely to show robust recovery within the next five to ten years - this is a "new normal" that the rest of the world will need to face squarely.
  • However, the fact that the Chinese economy faces problems does not necessarily mean China will suffer most; rather it is likely that neighboring Southeast and Northeast Asian countries as well as resource-producing countries will suffer more.
  • The Chinese Yuan (CHY) issue seems particularly worrisome. The world will need to accept either Renminbi devaluation or China's sell-off of its foreign reserves followed by a potential USD interest rate rise, a choice that the world has not confronted before. After the coming US interest rate rise and the Chinese economic slowdown, this is the third greatest risk that the global economy faces today.
  • URLhttps://www2.jiia.or.jp/en_commentary/201511/05-1.html
    来源智库Japan Institute of International Affairs (Japan)
    资源类型智库出版物
    条目标识符http://119.78.100.153/handle/2XGU8XDN/443351
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    Toshiya Tsugami. The CHY issue becomes a global risk. 2015.
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