14-07-2024, 02:33 AM
(13-07-2024, 11:51 PM)lylcnn Wrote: Aiyoh..."other economies" refer to rest of world lah, USA, Jipun, etc....Their economies strong so able to buy and consume a lot of China goods. So China exports are high lah.
Internally China's economy is weak, confidence low and consumption also low, hence import growth not strong or even YoY drop....
Both above factors contribute to the record surplus lor....Which part do you find funny, or find contradictory?
Izzit ? I last checked US Debt has topped US$ 30Trillion that got IMF worried & the Yen fell to the lowest in nearly 40 years that forced Jipun Gov to support it....
"their economies strong" ? hmmm
https://www.businesstimes.com.sg/interna...-yen-falls
https://www.washingtonpost.com/business/...ates-debt/
You've got friendly neighbours? Grow Up! - 李光耀 2013