SS: Depending on the metric, China’s economy is either the world’s largest or second-largest. Its performance is therefore very important to the global economy as a whole. In particular, the continued weakness of domestic demand (e.g: auto sales) is increasing the importance of exports. This is generating trade tensions with other economies, particularly the EU.
1 Comment
SS: Depending on the metric, China’s economy is either the world’s largest or second-largest. Its performance is therefore very important to the global economy as a whole. In particular, the continued weakness of domestic demand (e.g: auto sales) is increasing the importance of exports. This is generating trade tensions with other economies, particularly the EU.