4 ms·
> I would be surprised if even 3% of aggregate production has moved out of China. Let’s see....China is a export focused economy. Last year their stock crashed
by housepapass 8y ago
> I would be surprised if even 3% of aggregate production has moved out of China.
Let’s see....China is a export focused economy. Last year their stock crashed 30%. Their currency crashed 10%. The luxury sales in China crashed 30-70%, depending on sectors. New car sales fell 6%. There were discounts of 30% for new real estate projects in Golden September.
Yup, 30% of factories moving out of China seems possible