Currency Corner by Kotak Neo
@CurrencyCornerByKotakNeo
https://www.reuters.com/world/china/china-dairy-farms-swim-milk-fewer-babies-slow-economy-cut-demand-2024-09-20/
when household consumption is in such dire straits... and focus in on more industrial output via govt support and subsidy, the natural consequence is bigger trade surplus.
Trade surplus is just a difference of production minus consumption. No brainer.
Means more trade war...
when household consumption is in such dire straits... and focus in on more industrial output via govt support and subsidy, the natural consequence is bigger trade surplus.
Trade surplus is just a difference of production minus consumption. No brainer.
Means more trade war...
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