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Just now, a lot turns on this argument: both how badly China's economy could be hurt by an American recession and also the extent to which Chinese spending could help to prop up the rest of the world economy. Some new figures suggest Chinese demand is rising strongly enough to help offset the increasing weakness in China's export markets. That could be good news for the world at large.
It is certainly true that China's current-account surplus rose to a record 10% of its GDP last year, which means that it produced a lot more than it consumed and so relied on foreigners to buy the excess. But it is the change in a country's trade surplus, not its absolute size, which matters for GDP growth...
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Common topics in this essay:
- A Trade War With China?
- Analysis Of The Us-China Trade
- Boom In China
- China Trade Surplus
- China and the World Trade Organization
- China's Boom: Global Impacts
- China’S Rapidly Growing Economy And Its Pending Implosion
- Discuss the advantages and disadvantages, to the participating countries and the rest of the world, of forming a free trade arrangement. China, Japan and Korea are now undertaking preliminary research into the formation of a free trade area. Withi...
- Free Trade Agreement Between China And Australia
- Free Trade With China
- INTERNATIONAL TRADE OPPOTUNITIESNWITH THE UK, GERMANY, AND CHINA
- Internet technology boost china in next 10 years
- Trade with China
- 30 Years Of China's Reform And Open Up
- Free Trade With China
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