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in bold, please stop. china has a trade surplus of 1.2 TRILLION dollars with the world so you need to lay to rest the fantasy that china economy is driven by domestic force. china economy is totally dependent on export and its trade surplus no but or if or whatsoever about it. take away the 1.2 trillion surplus, your economy will shrink by at least 6 TRILLION due to the multiplier effect of macroeconomics. If we take into account the loss of trade surplus that will reduce your economy of scales in manufacturing price, your economy will shrink by who knows how many trillion more. your economy is the most vulnerable in the world due to its total dependency on the 1.2 trillion usd of trade surplus that it earns. wait until you have 1.2 trillion usd of trade DEFICIT then talk about how great your domestic driven economy is.Factories are in China for the Chinese market, not necessarily for export. China has developed to such an extent that its economy is now driven by domestic consumption. It has the world’s largest auto market. It has has a huge movie market, largest in the world this year.
No wonder Vietnamese women left Vietnam for men in China, Taiwan, HK, Singapore.
You forgot to mention China has the largest population not only having the largest auto market but the largest market for everything including women underwear.Factories are in China for the Chinese market, not necessarily for export. China has developed to such an extent that its economy is now driven by domestic consumption. It has the world’s largest auto market. It has has a huge movie market, largest in the world this year.
No wonder Vietnamese women left Vietnam for men in China, Taiwan, HK, Singapore.
You forgot to mention China has the largest population not only having the largest auto market but the largest market for everything including women underwear.
in bold, please stop. china has a trade surplus of 1.2 TRILLION dollars with the world so you need to lay to rest the fantasy that china economy is driven by domestic force. china economy is totally dependent on export and its trade surplus no but or if or whatsoever about it. take away the 1.2 trillion surplus, your economy will shrink by at least 6 TRILLION due to the multiplier effect of macroeconomics. If we take into account the loss of trade surplus that will reduce your economy of scales in manufacturing price, your economy will shrink by who knows how many trillion more. your economy is the most vulnerable in the world due to its total dependency on the 1.2 trillion usd of trade surplus that it earns. wait until you have 1.2 trillion usd of trade DEFICIT then talk about how great your domestic driven economy is.
You are off topic.How come Vietnam’s new master India has an almost equally big population but don’t make jack?
You would be correct 20 years ago or 10 years ago. But today, it’s domestic spending that fuel its growth. Also, the whole manufacturing supply chain is based in China so it will take a while to move offshore. And with the biggest market of manufacturing products in the world, no one has incentives to move anything anywhere.
You should more worry about your corrupt Vietnam and it’s perpetual poverty like India. Get a job so you can stop exporting your women.
Because Indians believe a turtle is faster than the hare.How come Vietnam’s new master India has an almost equally big population but don’t make jack?
china has a trade surplus of 1.2 TRILLION dollars with the world