Wednesday, Feb 10, 2010
What does this mean for deflation?
Yahoo: China exports surge in January
China said Wednesday that its exports surged in January for the second straight month, solidifying the Asian powerhouse's new position as the world's leading exporting nation.
Posted by mr g @ 12:14 PM (250 views) Add Comment
1 Comment
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1. Magnaman said...
"Beijing has called for more domestic consumption, in part to lessen the economy's reliance on overseas demand for its exports".
1. Who is responsible for creating the "surge" in exports? It aint Blighty or the The US (or Greece, Portugal Spain etc).
2. Who needs to rely on domestic consumption if exports are rising at such a record rate.
signed
Confused