Gustavo Philippsen Fuhr on LinkedIn: Global Trade - China Chinese exports to the U.S. are now down a massive…
Global Trade - China Chinese exports to the U.S. are now down a massive ~20% from their peak. Meanwhile, Chinese exports to the rest of the world are down…
"Global Trade - China
Chinese exports to the U.S. are now down a massive ~20% from their peak.
Meanwhile, Chinese exports to the rest of the world are down just 5%.
For the first time since 2003, the U.S. is importing more from Mexico AND Canada than China.
Meanwhile, China's imports from Russia are up ~110% since 2020..."
Source: BofA Global Research | The Kobeissi Letter
