China is increase its mighty, in fact try to live a month wothout bying chinese staff. The thing is tha the production of the 'small things' had been given to them and they turned it into the most profitable sphere on their ecnomy.
China has shifted from focusing on manufacturing to services, the problem - the services industry is well saturated and frankly, they are going to be going up against the big guys..
And yes, if cheap exports go down but conversely, if the cheap exports were to go down, it will have a negative effect for the short term.
And yes, if cheap exports go down but conversely, if the cheap exports were to go down, it will have a negative effect for the short term.
You can never trust to much to the economic data released by China. The information is highly regulated there. At the same time Chinese economy is tided to the US, since a significant amount of Chinese currency resources is made in the USD. So now when the US in trouble, China faces the situation when they can have a major crisis connected with devaluation of stocks along with losing the biggest consumer of goods.
i DON'T think so...
Even china have invest many billion on USA, they will not fall, china have many investment on other nations..
Even china have invest many billion on USA, they will not fall, china have many investment on other nations..
Actually the BRIICS have started the process for removing the USD as reserve currency and have also initiated a cash swap plan to protect against the devaluation of the dollar.
But all said, Yes, China is more exposed given the investment in US infrastructure and debt..so if things were to collapse in the US then China and a lot of other Asian countries will be affected with exposure remaining the sole criterion for the impact.
As for Chinese economy, given that the figures so far present a contradictory picture, not sure how to read it and to add to the mix, most of the stats released by the government is heavily regulated, read: only the officially approved stats are released..
But all said, Yes, China is more exposed given the investment in US infrastructure and debt..so if things were to collapse in the US then China and a lot of other Asian countries will be affected with exposure remaining the sole criterion for the impact.
As for Chinese economy, given that the figures so far present a contradictory picture, not sure how to read it and to add to the mix, most of the stats released by the government is heavily regulated, read: only the officially approved stats are released..
Similar threads
