Judging by the cargo flowing through China’s maritime ports, the world’s export king still reigns despite efforts in the US and Europe to diversify their trading relationships.
Indeed, and on a related note, all the talk about Chinese economy slowing down based on cancellation of orders from the west is also flawed analysis since the west has no visibility into trade outside the dollar. It’s more likely an indication that China is just importing things it needs from friendly countries.
Indeed, and on a related note, all the talk about Chinese economy slowing down based on cancellation of orders from the west is also flawed analysis since the west has no visibility into trade outside the dollar. It’s more likely an indication that China is just importing things it needs from friendly countries.