What Is Global Economic Imbalance?

This phenomenon has attracted worldwide attention, mainly because in the current situation, the trade surplus of the economically underdeveloped countries has existed for a long time, and the developed countries have been suffering from trade deficit for a long time. In fact, it causes the former to subsidize the latter in real terms and to export its capital to the capital as a characteristic cycle, reflecting an abnormal equilibrium relationship.

Its rationality should be questioned, and its sustainability is even more worrying.

Once this fragile cycle breaks, the global economy will be in crisis.

Therefore, resolving global economic imbalances has become the consensus of policymakers in major economies.

Some experts say that the so-called global economic imbalance means that the domestic economy of the countries participating in the global economy is in an unbalanced state.

Therefore, correcting global economic imbalances has become the common task of all countries in the world.

In the current pattern of global economic imbalances, China's foreign trade will maintain a long-term surplus, the scale of foreign exchange reserves is increasing, domestic savings are greater than domestic investment, and liquidity is relatively surplus.

This determines that the internal and external imbalance of China's economy must be rectified. We must not only make an in-depth adjustment to the economic structure, but also adjust the development strategy in an all-round way.