The State Of The Chinese Economy

Xi Has Some Problems To Solve

Let’s get to the point, Chinese exports to the US dropped by 18% from last year and by 26.6% to the EU, but Chinese exports to Russia increased by 114%. Unfortunately that was not enough to stop what was coming, China’s export numbers. People were expecting a -0.4% year-over-year drop but it’s actually -7.5%. Let’s get into it

China is a manufacturing country, manufacturing is around 30% of their Economy. They took the position of being the world’s assembly line but it came at a cost. What happens when people don’t want to do business with you?