China or Japan soon follow step into the trade deficit countries

Famous economists lang larry Thursday (January 12) in the micro blog says, the United States began in 2008 Japan launched a new exchange rate war, lead to the yen from early 2008 to now 46.6% cumulative appreciation, so 31 years into Japan's first trade deficit countries.best sunglasses For example, professor lang says, due to the strong yen influence, Japan's third largest car had to complete evacuation Japan, even now, Toyota export to Korea car unexpectedly is also the factory production. Lang hsien-ping said China's prospects of concerns, he thought that the next target will be China's yuan. He said China was in the United States in 2008 to carry the first offensive, but 2010 years negotiations defeat, the RMB exchange rate 8.1% rise rapidly accumulated, and China meet serious inflation and pay levels rise, so the made in China cost advantage gradually lost. At the same time, professor lang again with examples. He says, to Nike foundry, as a representative of the export to countries such as Vietnam quickly shift.cheap nfl jerseys In addition, lang hsien-ping said China's import a lot of energy, such as the 2011 oil imports $71.5 billion, iron ore imports $32.6 billion, leading to a surplus last year fell to $155.1 billion. He says if the export slump, imported energy continues to increase, China will soon into Japan's footsteps, a trade deficit countries.

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