China’s exports rose at their fastest rate in more than three years in September, driven by strong demand from key trading partners, while imports remained subdued and the trade surplus widened.
China’s exports rose at their fastest rate in more than three years in September, driven by strong demand from key trading partners, while imports remained subdued and the trade surplus widened.
Walk through any high street here: shelves groaning with Chinese goods, our own factories shut. Funny, isn’t it? They export a flood, we import the flood, and call it recovery. Meanwhile we export services nobody can weigh. The surplus widens because we make nothing to sell back. Marvellous economics.