IMF Working Papers

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

By Yibin Mu, Chu Wang, Dong Frank Wu

December 22, 2017

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Yibin Mu, Chu Wang, and Dong Frank Wu. China’s Impacts on SSA through the Lens of Growth and Exports, (USA: International Monetary Fund, 2017) accessed September 19, 2024

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.

Subject: Consumption, Expenditure, Export performance, Exports, Inflation, International trade, National accounts, Prices, Public expenditure review

Keywords: China Economy, China's growth, China's impact, Consumption, Consumption growth, Consumption trend, Development, Export performance, Exports, Exports to China, Fixed assets investment, Global, Growth, Growth in China, Inflation, Investment growth, Peer SSA's GDP, Public expenditure review, Spillover effect, SSA, SSA country, SSA export, SSA resource-intensive exporter, WP

Publication Details

  • Pages:

    28

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Working Paper No. 2017/288

  • Stock No:

    WPIEA2017288

  • ISBN:

    9781484335406

  • ISSN:

    1018-5941