3 ms·
No it would be stupid good. PRC export value went from 2.5T in 2019 to 3.4T in 2021, to 3.6T in 2022. It increased more during 3-4 years of covid than previous
by dirtyid 3y ago
No it would be stupid good.
PRC export value went from 2.5T in 2019 to 3.4T in 2021, to 3.6T in 2022. It increased more during 3-4 years of covid than previous 10 years combined (1.4T in 2009). Primarily because 0covid left most of PRC undisrupted, most of the time, which setup PRC to export to most of world, especially global south. Currently everyone's exports down due to global slow down, but PRC exports down from stupid high peak. It's more surprising how much of exports PRC is holding onto due to artificial conditions caused by covid. Reverting back to 2021 (3.4T) would be a 5 steps forward 1 step back situation vs, reverting back to 2020 (2.6T) which would be status quo.
- nvm0n2 3y agoYou are right, thank you for the detailed answer.