China entered 2009 with a ballooning trade surplus. This development is both odd and worrying. It is odd because the collapse in global demand was meant to push down Chinas massive trade surplus. And it is worrying because we need just the opposite to happen in order to achieve global rebalancing and allay concerns about protectionist outbursts in the West. View Stephen Green, Head of China research at Standard Chartered Bank, share his views on this trend.
Your really smart.. the corporations from EU, US, UK and others flooded China 'cause they're so cheap.. now you're crying for the Chinese who got all our jobs better wages, driving those same corporations to Thailand, Vietnam, Africa and others.
cervantessssssssssss 1 year ago