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Friday, August 7, 2020

Many analysts still don't understand China's economic structure.

 https://sg.finance.yahoo.com/news/china-july-exports-rise-fastest-043154974.html

If one has checked the latest economic statistics, one will realize that the local consumption constitutes 68% of China's GDP.  Therefore, imports matter more than exports and analysts are foolish to be jolly about the rising exports.  Why? (Please read my previous post below.)

http://sg-stock.blogspot.com/2019/12/how-is-chinas-economy-doing.html

It worries me when China's imports are slowing even though its exports are rising because the rising exports are unsustainable when there are re-surging outbreaks going on.

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