Relevant:
- Why China Does Not Have a Trade Surplus, and RMB Implications
- German trade surplus to rise to new record in 2015
- Widening Chinese Trade Surplus Increases Pressure to Intervene
- Germany Posts Record Current-Account Surplus Amid U.S. Concern
- China's $175 Billion Outflow Wasn't Investor Flight, BIS Says
2016-01-13 — wsj.com
``The surplus swelled by 55% in 2015, to $595 billion, figures released Wednesday showed. This news isn't as good as looks. For one, it doesn't reflect a boom in exports, which for the full year actually fell by 2.8%. The surplus widened because imports fell even more, by 14.1%.... it appears that there was roughly $750 billion of capital outflow in 2015. No wonder the currency is under pressure.''
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.