Pantheon Macroeconomics
Best viewed on a device with a bigger screen...
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., Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence