01856cas a2200253 a 4500 AALejournalIMF016813 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484368626 1018-5941 BD-DhAAL BD-DhAAL Kang, Joong. Chinese Imports : What's Behind the Slowdown? / Joong Kang, Wei Liao. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (34 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 Real imports in China have decelerated significantly over the last two years to below 4 percent (yoy) from double-digit growth in previous years. Weaker investment, partly due to progress in rebalancing from investment to consumption, has been the main factor accounting for about 40-50 percent of slowdown during this period. Weaker exports also account for about 40 percent of slowdown, of which about a quarter is due to stronger RMB. Onshoring-substitution of imported intermediate inputs with domestic production-has not been an additional drag over this period but it continues to slow import growth at a similar pace as previous periods. There is large uncertainty about the impact of rebalancing on the import slowdown due to difficulties in identifying the counterfactual nonrebalancing path. Mode of access: Internet Liao, Wei. IMF Working Papers; Working Paper ; No. 2016/106 Full text available on IMF http://elibrary.imf.org/view/journals/001/2016/106/001.2016.issue-106-en.xml IMF e-Library