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HKim0072
China Observer
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Comments by "HKim0072" (@HKim0072) on "Sharp Decline in China's Imports u0026 Exports, Large Trucks Idle Everywhere, Freight Industry Is Done" video.
Repatriated profit from Chinese companies are a small fraction compared to the factory investment + jobs in the local market.
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Go suck an egg Xi. - June US imports from China range from .98 to 1.13 change from May with an average of 1.04. Basically, June imports vs May usually increase by 4%. This year, they are -4% from May. - June US imports from China at $34.3B. Lower than the pandemic '20 levels. Back at 2011 levels - June US trade imbalance from China at -24.1B. Lowest since 2009.
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@lance8080 A good portion of the migrants are from other countries in Central America and not Mexico.
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@RCXDerp sigh. I'll spoon feed it to you. Profit margins for Chinese owned factories that have moved out of China are 10-20% at most. That means most of the money is going to labor costs + investment in the factory. China is still losing 80%+ of the prior money getting spent when producing a product.
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