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> China’s domestic market has bordered on isolation for decades now. Imports of goods and services into China [0]: * in 1990: 38.46 billion USD * in 2022: 3.
by DiogenesKynikos 2y ago
> China’s domestic market has bordered on isolation for decades now.
Imports of goods and services into China [0]:
* in 1990: 38.46 billion USD
* in 2022: 3.14 trillion USD
That comes to nearly 15% annual growth in imports every year for 32 years. That is not what an "isolated" market looks like.
0. https://data.worldbank.org/indicator/NE.IMP.GNFS.CD?locations=CN https://data.worldbank.org/indicator/NE.IMP.GNFS.CD?location...