Import surge sends China trade to decade-deep deficit
Chinese Vice President Xi Jinping looks at President Hu Jintao and Premier Wen Jiabao after listening to Chairman and Party Secretary of the Standing Committee of the National People's Congress Wu Bangguo deliver the government's work report during the third plenary meeting of the NPC in Beijing March 9, 2012.
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“Is better than Dogma”
Since: Mar 09
Peking Duck University
#1 Mar 10, 2012
-> Import surge sends China trade to decade-deep deficit <-
Thats what "Free Enterprise " supposed to be
Dig it babe RayH the Sicko
#2 Mar 10, 2012
This only happens once in a decade and you make a big deal out of it? Big deal.
#3 Mar 10, 2012
Ray,this is caused that China spends her $4 tln dollars on hard assets.
from current account point of view, it can be called import.
So it will last 2 years.
the current transaction focused on ME.
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