Comments by "D W" (@DW-op7ly) on "Janet Yellen says US will not accept cheap Chinese imports" video.

  1. China exports are up 7% first few months of 2024 And the last two years they have averaged 820 billion surplus a year with the world
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  2. Petro dollar and world reserve currency status Protected by the best military in the world And massive amount of external sovereign debt But even with all that sooner or later the USA won’t be able to finance that debt
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  3. China exports are up 7% first few months of 2024 And the last two years they have averaged 820 billion surplus a year with the world The USA has to borrow 1 trillion every 100 days And has a 950 billion dollar trade deficit with the world As their trade with China goes down
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  4. Chinese don’t care they are not selling EV cars in the US market But are still the number 1 car exporter in the world these days While EV sales in China are expected to jump up by 18.5% this year And world wide EV sales are expected to jump up by 30% per his year
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  5. Back in the late 80s tasked to research China as an investment destination. I stumbled upon the fact that China had a “Go Out Policy” Their people and companies were already going to areas like SE Asia where they dominate the economies of these countries and those countries are dependent on the Chinese economy Even these last few years as China has invested trillions in their belt and road partner countries China exports are up 7.1% for the first few months of 2024 And it still has a 820 billion plus dollar a year trade surplus with the world the last 2 years Even though their Central Government is cracking down in real estate speculation Slowing down the economy? The Chinese people have added 2.6 trillion to their savings in 2022 And 1.8 trillion to their savings for first 10 months of 2023 👇 Chinese Consumers Are Saving Rather Than Spending Amid Economic Downturn Dec 21, 2023 — Chinese households have added 13.8 trillion yuan ($1.89 trillion) The middle class is also prioritizing savings and seeking safe investment opportunities, according to the report. Chinese households have added 13.8 trillion yuan ($1.89 trillion) in savings in the first 10 months of the year, an 8.5% increase from the previous year. Pymnts
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