Neither a borrower nor a lender : does China's zero net foreign asset position make economic sense? / David Dollar, Aart Kraay

"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 o...

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Bibliographic Details
Main Authors:Dollar, David, 1954-
Corporate Authors:World Bank
Other Authors:Kraay, Aart
Format: Online-Resource
Language:English
Published:[Washington, D.C] : World Bank, 2005
Series:Policy research working paper
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