Global economic imbalance refers to the imbalance of current payments between the United States and developing countries represented by China. One of the reasons is the excess liquidity of the US dollar, which leads to the decline of its value.

The so-called global economic imbalance refers to the phenomenon that a country has a large trade deficit, while the trade surplus corresponding to its trade deficit is concentrated in other countries. On February 23, 25, IMF Managing Director Rato officially used this term in his speech entitled "Correcting global economic imbalances-avoiding mutual accusations". It also points out that the main manifestations of the current global economic imbalance are that the current account deficit of the United States is huge and the debt is growing rapidly, while Japan, China and other major emerging market countries in Asia hold large trade surpluses with the United States.