China’s Record Trade Surplus Is Becoming a Global Problem, Former US Trade Chief Warns: ‘Chinese Overcapacity is Approaching a Breaking Point’
China’s export surplus is nearing global limits, raising risks for trade, manufacturing and economies dependent on Chinese demand.
China is selling way more stuff to other countries than it's buying from them, which is starting to cause problems worldwide. When one country exports too much, it can upset other businesses and economies, so this is something to watch when thinking about global companies.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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