{"id":365002,"date":"2010-02-26T02:48:00","date_gmt":"2010-02-26T07:48:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/stop-blaming-china-for-unfair-trade-it-barely-has-a-surplus-2010-2"},"modified":"2010-02-26T02:48:00","modified_gmt":"2010-02-26T07:48:00","slug":"why-blaming-china-for-unfair-trade-falls-on-deaf-ears","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/365002","title":{"rendered":"Why Blaming China For Unfair Trade Falls On Deaf Ears"},"content":{"rendered":"<p><div style=\"float: left; padding: 15px 15px 15px 0;\">\n<script type=\"text\/javascript\">\/\/ <![CDATA[\ntweetmeme_source = 'themoneygame'; tweetmeme_service = 'bit.ly';\n\/\/ ]]><\/script><br \/>\n<script src=\"http:\/\/tweetmeme.com\/i\/scripts\/button.js\" type=\"text\/javascript\"><\/script>\n<\/div>\n<p>This chart from <a href=\"http:\/\/www.chinadaily.com.cn\/bizchina\/2010-02\/26\/content_9508223.htm\">China Daily<\/a>, shows just how tiny China&#8217;s trade surplus has become. It amounted to just $173 billion in the last twelve months, which sounds like a lot but is actually just 4% of the country&#8217;s 4.33 trillion GDP. This could even get smaller if current trends continue.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4b877aab7f8b9ae26f300000-500-\/chart.png\" border=\"0\" alt=\"Chart\" width=\"500\" \/><\/p>\n<p>This shows how from a Chinese perspective arguments about unfair trade seem ridiculous these days. Germany, for example had a trade surplus of about $184 billion <a href=\"http:\/\/www.gulfbase.com\/site\/interface\/NewsArchiveDetails.aspx?n=125709\">(136.1 billion euros<\/a>) in 2009, amounting to 5% of its $3.65 trillion GDP.<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/stop-blaming-china-for-unfair-trade-it-barely-has-a-surplus-2010-2#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/goldman-there-are-huge-risks-everywhere-yet-markets-are-holding-up-remarkably-well-2010-2\">Goldman: It&#8217;s Amazing How Markets Are Taking A Massive Beating From All Sides But Still Standing<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/15-facts-about-china-that-will-blow-your-mind-2010-2\">15 Facts About China That Will Blow Your Mind<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/economist-rogoff-who-predicted-the-us-crisis-and-predicts-a-european-one-now-predicts-a-china-collapse-2010-2\">Economist Rogoff Who Predicted The U.S. Crisis And A European One, Now Predicts A China Collapse<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/NkLeT6iE2-Q\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This chart from China Daily, shows just how tiny China&#8217;s trade surplus has become. It amounted to just $173 billion in the last twelve months, which sounds like a lot but is actually just 4% of the country&#8217;s 4.33 trillion GDP. This could even get smaller if current trends continue. This shows how from a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-365002","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/365002","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=365002"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/365002\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=365002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=365002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=365002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}