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Epic reversal! The world is crazy to buy Chinese goods

Millions lost jobs (mostly in services) due to loss in demand, not supply.

It is a success for China to increase exports in this situation.

Government did not spend, mostly. They supported service sector. Government giving out money to increase spending is contradiction in terms because it is the same governments closing down restaurants and telling people not to go out.

So, the only solution is to stop the pandemic.

PPE is a very small part in China's 1.5 trillion USD exports. I would guess it is no more than a billion. China's auto parts exports also break record this year. Why?


Cute bomb:flame:
You lack some basic 1x1.
The supply shrinks too. Haven’t you read the OP? The container market has collapsed, shipping a container from Shanghai to London costs 10 times more than prior pandemic. Nobody can pay the costs. The entire air travel shrinks by 99 percent.
Governments don’t do overspending? Haven’t you seen the stimulus budgets of the US, Germany and the likes? If the governments don’t act we will see mass unemployment and mass poverty here in the West. The saving rate here is very small.
Some finance the government budgets by 30 percent debts.
 
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You lack some basic 1x1.
The supply shrinks too. Haven’t you read the OP? The container market has collapsed, shipping a container from Shanghai to London costs 10 times more than prior pandemic. Nobody can pay the costs. The entire air travel shrinks by 99 percent.
Governments don’t do overspending? Haven’t you seen the stimulus budgets of the US, Germany and the likes? If the governments don’t act we will see mass unemployment and mass poverty here in the West. The saving rate here is very small.
Some finance the government budgets by 30 percent debts.

Stimulus money went to businesses who could not pay rent, taxes, and salaries of idle workers because lack of demand, hence, revenue.

If demand returns (people actually going out), those services will be mostly fine. China will have greater export chances. So will Vietnam.
 
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You lack some basic 1x1.
The supply shrinks too. Haven’t you read the OP? The container market has collapsed, shipping a container from Shanghai to London costs 10 times more than prior pandemic. Nobody can pay the costs. The entire air travel shrinks by 99 percent.
Governments don’t do overspending? Haven’t you seen the stimulus budgets of the US, Germany and the likes? If the governments don’t act we will see mass unemployment and mass poverty here in the West. The saving rate here is very small.
Some finance the government budgets by 30 percent debts.
If the container shipping collapses, your friggin Viet economy will collapse genius. Now China is mass producing containers to keep up, guess who is the largest container maker on earth?
 
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If the container shipping collapses, your friggin Viet economy will collapse genius. Now China is mass producing containers to keep up, guess who is the largest container maker on earth?

Recent container imbalance is due to too many container leaving China while returning container is not that many. This is despite the fact that China export and imports both grew. Just that exports grew faster.
 
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Recent container imbalance is due to too much container leaving China while returning container is not that many. This is despite the fact that China export and imports both grew. Just that exports grew faster.
Exactly, hence companies like China Merchants, which happens to be the largest container maker on earth is mass producing containers to export our goods.
 
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CatSultan said:
Anything made in China is shit. Anyone who says otherwise is delusional.
[/QUOTE]


:omghaha: :omghaha::omghaha:

another so cute and adorable!

You do not deserve to go into ignore bin with those other turds


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