World News@lemmy.worldEnglish · 22 days ago

China’s exports are so huge they’re now lowering inflation in other countries

fortune.com

China’s exports are so huge they’re now lowering inflation in other countries

fortune.com

schizoidman@lemmy.zip to

World News@lemmy.worldEnglish · 22 days ago

U.S.'s economic nemesis is the poster child for self-sufficiency: China's exports are so huge they're now lowering inflation in other countries | Fortune

fortune.com

A discrepancy between China's export data and U.S. import data is "not because ships are sinking mid-Pacific," notes UBS's Paul Donovan.

Those exports are so cheap and ubiquitous that they’re reducing inflation in some developed markets, according to Goldman Sachs.

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