China’s $1 Trillion Trade Surplus With The Rest of The World Shows Who’s Really Winning….

And what it means for everyone

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Reports of China’s demise are really premature.

If all you knew about the PRC’s performance are from western journals and content creators, you would be forgiven for thinking that the world’s biggest economy — if the only metric was purchasing power parity — was about to go bust.

But nothing could be further from the truth.

And this is powerfully evinced by the news that the world’s second most populous country has a $1 trillion trade surplus with the rest of the world.

To those who aren’t up to speed with economic and finance concepts, having a trade surplus, as it relates to the People’s Republic of China means that it exports more than it imports, which helps to offset any domestic difficulties that it may have from having to lay-off several thousands in recent times.

A few geopolitical analysts have pointed out that the numbers widely reported in the New York Times, Bloomberg and Washington Post might have been undercounted because exports to a few South-Eastern countries weren’t included.

So why should we take this very seriously?