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trinidadtiger
Member since Jun 2017
3481 posts

Pretty staggering, and ugly number of chini trade first six months
From South China Morning Post...

quote:

Over the first half of 2019, China’s exports grew 0.1 per cent in US dollar terms, a far cry from 12.8 per cent during the same period last year, according to official data. Meanwhile, imports were down 4.3 per cent from January to June, compared to growth of 19.9 per cent last year.


So exports tanked and imports (indicative of domestic consumption) are abysmal. No doubt their GDP announced today will be over 6%. Even the chini are laughing at the bogus number at this point.


auggie
Auburn Fan
Opelika, Alabama
Member since Aug 2013
10430 posts

re: Pretty staggering, and ugly number of chini trade first six months
I like it.


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