Pantheon Macroeconomics

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5th Aug 2022 15:25China+, Daily Monitor

China reported another record trade surplus in July, thanks to surprisingly strong export growth...

...but exports are starting to slow, at the margin, and still face structural headwinds this year.

Generous government subsidies cannot hold back the tide indefinitely, and risk political blowback.

energy exports government import growth importers imports japan July March market share May oil policy rmb taiwan tariffs trade trade balance trade surplus u.s.

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Keywords for: 9 Aug 2022 China+ Monitor

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