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China's Increased Exports Fuel Backlash, Experts Debate Future; Trade Surplus, South Korea's Exports Highlighted
7 posts•ChinaEconomicsWorldBusiness
China's attempts to alleviate its economic challenges by increasing exports have led to a surge in its trade surplus with trans-shipment hubs, indicating that Chinese products are still reaching the US through alternative routes. There are concerns about China resorting to export-led growth again, with fears of larger current account surpluses. However, some experts argue that China's best export days are in the past. The country's role in sustaining a rebound in South Korea's exports is also highlighted.
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