China's looming current account deficit will have consequences for everyone: deVere

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Investors need to mitigate the risks of China's looming current account deficit, coming at a time of ballooning US budget deficits, a senior international investment strategist at deVere Group said today. The stark observation from deVere Group's Tom Elliott comes as the escalating trade war between America and China - the world's two largest economies - threatens to curb Chinese exports, accelerating the Asian powerhouse's lurch towards a current account deficit. He explained: "China has spent the last two decades turning its trade surplus into purchases of overseas assets, from US T...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.