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those eventually end up in exports are usually not counted as imports, because such chips stay in those so called tariff-free zone to be used in production and
by dis-sys 8y ago
those eventually end up in exports are usually not counted as imports, because such chips stay in those so called tariff-free zone to be used in production and then shipped overseas without clearing custom twice.
domestic consumption is also at a crazy level, e.g. in Q1 2018, smartphone sales in China had a "hard landing" down 21% YoY, still 91 million phones were sold in Q1 2018 [1].
[1] https://www.canalys.com/newsroom/chinese-smartphone-market-suffers-hard-landing-shipments-decline-21-q1-2018 https://www.canalys.com/newsroom/chinese-smartphone-market-s...