As widely reported, Chinese export figures for November, issued last week, turned out to be a blockbuster month for the country’s exporters, rising by 12.7 percent from October. But what appears to have been missed is that while the figures spell encouragement for China’s exporters, they contain the seeds of trouble for the United States and the Eurozone – and for other Asian exporters as well.
Chinese Exports Spell Trouble for the West
Chinese Exports Spell Trouble for the West
Chinese Exports Spell Trouble for the West
As widely reported, Chinese export figures for November, issued last week, turned out to be a blockbuster month for the country’s exporters, rising by 12.7 percent from October. But what appears to have been missed is that while the figures spell encouragement for China’s exporters, they contain the seeds of trouble for the United States and the Eurozone – and for other Asian exporters as well.