01969cas a2200253 a 4500 AALejournalIMF014072 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484311318 1018-5941 BD-DhAAL BD-DhAAL Drummond, Paulo. Africa's Rising Exposure to China : How Large Are Spillovers Through Trade? / Paulo Drummond, Estelle Liu. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (24 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The rapid growth in China's domestic investment in recent decades has generated a large appetite for global goods, including from sub-Saharan Africa (SSA). This paper estimates the impact of changes in China's investment growth on SSA's exports. Although rising trading links with China have allowed African countries to diversify their export base across countries, away from advanced economies, they have also led SSA countries to become more susceptible to spillovers from China. Based on panel data analysis, a 1 percentage point increase (decline) in China's domestic investment growth is associated with an average 0.6 percentage point increase (decline) in SSA countries' export growth. This impact is larger for resource-rich countries, especially oil exporters. These effects could be mitigated, however, to the extent that countries can reorient their exports. Mode of access: Internet Liu, Estelle. IMF Working Papers; Working Paper ; No. 2013/250 Full text available on IMF http://elibrary.imf.org/view/journals/001/2013/250/001.2013.issue-250-en.xml IMF e-Library