China’s record manufacturing trade surplus sparks concerns | World Business Watch | WION

Let’s take a closer look at China's booming exports. While this might sound positive on the surface, there are growing concerns about the impact it's having on the global market. This report delves into this growing global backlash against China’s trade practices.

#china #business #wion

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[huas]

According to WION’s report last year, China’s economy had already collapsed. What happened?

[huanghermann]

Why a concern? Where is the free market competition?

[JoshyMOG]

Always concerned about China's failing economy. But Chinese GDP keeps growing.... Why this so much hatred and jealousy?

[catinbootsnow]

China is providing all kinds of supplies to India, to support the development of manufacturing industries in India.

[GameChanger-crhx]

India taking up where their colonial masters left off ...overcapacity. When the supply chains were affected as China went into lockdown 2020, same countries complained about high prices. Now they are worried about low prices.

[drjm]

Why doesn't all government subsidise their manufacturing industries then? This Just tells you every one just wants their big fat paycheck, politicans, CEO pay, Shareholders etc and then find a "bogeyman" to blame for their incompetence in not looking after their own people.

[JayTse-xl]

I don’t understand, if you don’t want it, don’t buy it.

[CarpsterKing]

Wion is envy ...jealous of China's progress...

[petrusromanus]

China should build railways connecting Middle east and Africa to boost imports and exports, middle east and Africa are potential large markets and rich in resource in oil, metals and minerals. In this way trade balance can manage well.

[benny]

What if this happen to India ? Will there be a concern ?. Another BS news.

[garfield]

Just talk to your ancient neighbor with friendly manners, solve both problems, and free your thought for future

[ming-ej]

Re India still talks


India is just like that.

Talk talk talk.


They are just like that.

[JL-poon]

survival of the fittest, term made famous in the fifth edition (published in 1869) of On the Origin of Species by British naturalist Charles Darwin, which suggested that organisms best adjusted to their environment are the most successful in surviving and reproducing.

[knowledged]

Nothing has to manufacturee but see speech

[Do-not-be-sheep]

It will take a few years to move manufacturing out of China but it must be done, the USA and Europe need to introduce sweeping legislation to completely disconnect from China by making it illegal to invest in China, setting quotas for Chinese imports, massive tariffs, sanctions, etc. And keep escalating the barriers until chinese trade with europe and the USA is balanced (it will take less than 3 years). Chinese companies will survive by moving their operations to other countries - this is OK - the next result is that most of money from exports will stay in these new countries - improving their infrastructure, education, and health care. This will go along way to balancing global trade and improving the state of have not countries while denying China the revenue they need to build their military,

[DineshTwanabasu]

Qwst is worried that they are getting products at cheap rate. Hahaha

[lavanyasenthil]

China's record manufacturing trade surplus has sparked concerns among global trade partners and economists for several reasons:

1. Advantages in production costs: China's manufacturing trade surplus is largely driven by its lower production costs, including low wages and relatively lax environmental regulations. This has allowed China to outcompete other manufacturing economies and dominate global supply chains, leading to concerns about unfair trade practices.

2. Imbalance in trade relationships: China's large trade surplus means that it is exporting significantly more goods than it imports, leading to imbalances in trade relationships with other countries. This can create tension and instability in global trade markets.

3. Currency manipulation: Some critics argue that China has artificially devalued its currency in order to maintain a competitive advantage in trade. This practice, known as currency manipulation, can distort trade flows and disadvantage other countries.

4. Impact on domestic industries: China's strong manufacturing trade surplus can put pressure on domestic industries in other countries, leading to job losses and decreased competitiveness. This can have negative economic and social consequences for these countries.

Overall, while a manufacturing trade surplus can be a sign of economic strength, the concerns surrounding China's record surplus highlight the need for fair and balanced trade practices to ensure a level playing field for all countries involved.