china is not an export driven economy.
during the 2000-2009 decade, investment has been the biggest driver of growth.
43% of china's gdp growth came from investment(private and government).
37% of china's gdp growth came from consumption.
only 20% of china's gdp growth came from NET exports(exports minus imports).
these are the facts released by the IMF and world bank.
stealthpakfa 1 year ago
china is not an export driven economy.
during the 2000-2009 decade, investment has been the biggest driver of growth.
43% of china's gdp growth came from investment(private and government).
37% of china's gdp growth came from consumption.
only 20% of china's gdp growth came from NET exports(exports minus imports).
these are the facts released by the IMF and world bank.
stealthpakfa 1 year ago