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China - BBPT (Growth of Chinese Trade (GDP (Chinas expansionary monetary…
China - BBPT
Growth of Chinese Trade
Trade
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EU’s main imports from China are industrial and consumer goods, machinery and equipment, and footwear and clothing
The biggest investors in the country's mineral exploration and exploitation are still the Chinese themselves. 21% of world alumina, 24% of its zinc, 17% of copper, 23% of its stainless steel
GDP
Chinas expansionary monetary policy has led to an average growth of 9% throughout 4 years of economic crisis
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In the last 3 decades over 500m people have moved from the fields to the city (rural to urban migration) creating a mass factory force
New infrastructure and further productivity growth, allied to a continued supply of new urban workers, will keep China competitive
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Chinese Trade overview
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Trading Partners
Figures from China’s Customs Administration shows that in 2016 China exported the most value of goods to the EU (339bn dollars) and also received the highest amount of imports from the EU (207bn dollars)
The figures also show that China’s trade balance with other countries is strong and profitable which allows them the ability to maintain their economic wealth even if one country or a numerous amount of countries in a continent cause some negative costings.
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