cross-posted from : https://lemmy.zip/post/73206748
China’s trade surplus reached $938.11 billion in the first nine months of the year, putting it on course to surpass last year’s record of $1.2 trillion.
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36% is quite a lot. Anyone know the reason for this? Is it the Iran war cooling down a bit?
My take, many reasons.
- China making good quality brand products in phones, electronics, cars.
- The US is diging its own grave.
- Almost every country is depending on China one way or the other, while China can make its products 100% without the need of others.
China can make its products 100% without the need of others.
This is a joke, right?
not in if-you-want-to-bake-a-cake-you-have-to-build-the-universe-first kind o way.
but talking about most basic compoennts.