imbalances. Since the onset of the crisis, the People’s Republic of China and the United States have rebalanced. As a share of …€™s Republic of China, the reduction in its current account surplus post-crisis suggests a structural change. Panel regressions for … account balances and economic variables such as performance, structure, wealth, and the exchange rate, changed in important …

imbalances. Since the onset of the crisis, the People’s Republic of China and the United States have rebalanced. As a share of …€™s Republic of China, the reduction in its current account surplus post-crisis suggests a structural change. Panel regressions for … account balances and economic variables such as performance, structure, wealth, and the exchange rate, changed in important …