Nation’s trade balance climbed to about $101 billion in July
bloomberg.com
So China's trade surplus will pass 1 trillion dollar next year, equals the sum of German+Ireland+Russian Federation+Japan+Korea, etc.(equals the sum of next 10 biggest trader)
I think the world addicts to Chinese goods in an insane level.
Sanction China equals sanction yourself. How can we economically punish China without self destruction?
China is on the verge of collapse. Hundreds of independent Amerimutt state controlled media outlets and thousand of Amerimutt shill posts on Any Forums wouldnt just lie to me.
i kneel
there is no stopping the far eastern merchant
it's over for the middle eastern merchant's golems
>t. ProxyChink
This is the normal American white collar worker.
Whites destroyed the USA
White Americans are degenerates
Who the fuck believes that?
you can cross check trade data.
if you are not retarded, you should believe it
Those are American wumaos, think about it for a second, the US has a huge budget for anti-china propaganda, where do you think that goes to.
Outside of paying some (((uyghur people))), most of it goes to these type of youtube channels.
Nice, big if true also nice VPN China bro, hail emperor Xi
If trade surpluses were a good thing Germany wouldn’t have a lower per capita GDP than West Virginia. Japan is even worse. Why are they so much poorer than the USA after 4 decades of running huge trade surpluses?
For starters you should start importing cheap energy from Russia if you want to compete at any level.
Clowns
To late to inb4 China is collapsing kek 2 more weeks
>controls 80% of your industrial economy
Kek yeah sure they're the clowns
West Virginia benefited from the overvaluation of dollar plus California high tech industry. If West Virginia is an independent country, their GDP per capita will be lower than spain.
Because japan and Germany are US vassals, unlike them China can flip the table. Why you think inflation in the west is so high rn?
The state department unpaid shills are here lol
Comrade Xi... I kneel
>I did that
What? It’s the second poorest state in the US. Why is it richer than Germany given the balance of trade? Answer the question.
This is sad chink cope and why your hive is failing and you don’t live there. If trade deficits are bad and surpluses good, then why aren’t trade surplus countries richer and trade deficit countries? Choose whichever you want but the rule holds.
>I am so lonely
>someone pls notice my shitpost
>I take any attention, even utter hatred
>just notice me pls!
Just, stop user! Go outside! You will find friends in time.
>t. ProxyChink
>trade surplus record high
>after massive coal buyout
>after massive oil buyout
>after massive food buyout due to floods and other nonsense
If China's trade surplus is positive, the US's should be able to buy the planet.
>"China's doing just fine," says notoriously lying government shortly after being cucked on the world stage.
ONE HUNDRED BILLION DOLLARS
>China is collapsing says the collapsing nation
If I send a ship with $20 worth of American X to China where it sells for $40, I can return the ship home empty and book at $20 profit, or use the money to buy $40 worth of chink Y to ship back to the US where it sells for $80 and I’ll make a $60 profit. In the former case the customs log records a $40 American trade surplus, but in the latter, a $60 trade deficit. The fact that the deficit and the profit are the same value isn’t a coincidence: the “deficit” of a trade is a silly accounting term for the PROFIT of the trade. The objective reality is: a ship left the US with goods worth $20 and returned with goods worth $80. That is a profitable trade regardless of the terms used to describe it. The whole notion of trade deficits is an accounting artifact where profits are written as losses. It’s nuts.
Cope