These two articles point in a bad direction:
China’s 2011 total trade surplus was $183B. The surplus with the USA was $270B; the US was 150% of China’s total surplus. China imports lots of “stuff.” Crude oil is high on that list. I…
These two articles point in a bad direction:
China’s 2011 total trade surplus was $183B. The surplus with the USA was $270B; the US was 150% of China’s total surplus. China imports lots of “stuff.” Crude oil is high on that list. I…
http://www.nytimes.c…nytimesbusiness
Quote”If exchange rates were allowed to move freely, Mr. Bernanke will argue, emerging markets would raise interest rates — and allow their currencies to appreciate — even as advanced economies like th…
Previously was discussed that Chinese economy depends mostly on real estate and infrastructure development for its 10% GDP growth, while the export cannot growth that fast. The real estate shows all signs of a major bubble, however more research is nee…