China’s Impacts on SSA through the Lens of Growth and Exports

Author/Editor:

Yibin Mu ; Chu Wang ; Dong Frank Wu

Publication Date:

December 22, 2017

Electronic Access:

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Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary:

The analysis of China’s impacts on the 44 SSA countries reveals that: (i) after joining the WTO in 2001, China has started to impact significantly on SSA growth: one-percent increase in China’s GDP per capita leads to 0.02 percent increase on the SSA’s GDP per capita; (ii) oil and investment-goods exporters benefit more from China’s growth; (iii) compared to China’s consumption, its investment growth acts as a more important channel in influencing SSA; (iv) exports to China, highly linked to China’s growth, is an important indicator for SSA’s exports. Our results call for SSA countries to be well prepared for China’s rebalancing given its growing economic influence and to proactively search a sustainable way to continuously enhance productivity.

Series:

Working Paper No. 17/288

Subject:

English

Publication Date:

December 22, 2017

ISBN/ISSN:

9781484335406/1018-5941

Stock No:

WPIEA2017288

Format:

Paper

Pages:

28

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