print-icon
print-icon
premium-contentPremium

Why A $1 Trillion Trade Surplus Is A Problem For The Yuan

Tyler Durden's Photo
by Tyler Durden
Authored...

Authored by Ye Xie via Bloomberg,

Here’s a strange situation.

China is running the world’s largest trade surplus, amounting to almost $1 trillion last year. The surplus, however, isn’t enough to offset capital outflows and support the yuan. The combination isn’t sustainable. A large fiscal stimulus is key to solving the puzzle. 

Loading...