Correction: Twin deficit hypothesis and reverse causality: a case study of China

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Correction to: Palgrave Communications https://doi.org/10.1057/s41599-019-0304-z, published online 20 August 2019.

The original version of this Article contained incorrect text in the main article body.

The following sentences contained errors:

‘The structural shift can be seen from the financial side, which affects Chinese saving and investments. The investments got reduced to 40% and household savings has reduced from 50% to 40% of GDP. The cyclic forces can been seen from the trade prospective: the increasing prices of Chinese imports like oil and semiconductors, pulls the current account balance downwards. One the hand the structural shift can be seen from the financial side, which affects Chinese saving and investments. The investments got reduced to 40% and household savings has reduced from 50% to 40% of GDP.’

These sentences have now corrected in both the main article and PDF version and now read as:

‘The cyclic forces can be seen from the trade prospective: the increasing prices of Chinese imports like oil and semiconductors, pulls the current account balance downwards. However, the structural shift can be seen from the financial side, which affects Chinese saving and investments. The investments got reduced to 40% and household savings has reduced from 50% to 40% of GDP.’

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Correspondence to Umer Jeelanie Banday.

Additional information

The original article can be found online at https://doi.org/10.1057/s41599-019-0304-z.

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