Zortix matched this thesis to China ETFs as the exposure the bearish case argues against, most actionable for readers who already hold them. Not a recommendation.
China's trillion-dollar trade surplus shock
The guest argued China's trade surplus has surged to over a trillion dollars a year, representing an unprecedented and problematic shift for the global economy.
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The Callback
China's record trade surplus a headwind for Europe
22 weeks between these two statements.
The guest argued that China's massive manufacturing export wave and resulting large trade surplus are a policy-driven substitute for the collapsed domestic housing demand, supported by a weak currency and state-directed credit.
The guest argued China's trade surplus has surged to over a trillion dollars a year, representing an unprecedented and problematic shift for the global economy.