The Massive Surge In Chinese Exports May Be ‘More Of A Curse Than A Blessing’
Chinese exports surged 21.8 percent in February. After a surge the previous month, Jan-Feb exports are up 23.6 percent. This happens at a time when exports for Taiwan and Korea fell. Societe Generale’s Wei Yao writes that the difference stemmed from a surge in Chinese exports to the EU (up 15.2 percent) and the U.S. […]