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They love to export goods, so it's still easy enough. That will have complications in the future, but that's the next generations issue, not the person making
by 411111111111111 6y ago
They love to export goods, so it's still easy enough.
That will have complications in the future, but that's the next generations issue, not the person making the decision today that wants a nice bonus.
- elcomet 6y agoWhen they export, money gets in. But they don't import much , if you look at china's trade balance, it's at + 421 billion dollars [1] (money going in) while USA is at -616 B [2]. So it's in fact hard to get money out of china. [1] https://www.statista.com/statistics/263632/trade-balance-of-china/ https://www.statista.com/statistics/263632/trade-balance-of-... [2] https://www.statista.com/statistics/220041/total-value-of-us-trade-balance-since-2000/ https://www.statista.com/statistics/220041/total-value-of-us...
- Aperocky 6y agoBut the total import of China in 2019 is $2.09 trillion. Which is 5 times the surplus you mentioned. If your think that surplus is a lot, then 5 times that is definitely not "they don't import much"