| China is in fact facing three front battles from outside. The first is lowering USD valuation and rising RMD exchange ratio. The second is rising energy and raw material cost. The third is rising inflation and yet a weakening domestic consumption. China is currently on the suffering end of these fronts. I am not sure what will happen going forward. At least from the safe side, we can conclude that Chinese economy is going to go through a difficult period. |
China-US Economy Discussion