ok einstein , why dont you explain on why a country requires to export goods? Have you ever checked the trade balance of US?IfPlague Cointhe Yuan goes up, Chinese exports weaken and China's economy is driven by low tech exports.
ok einstein , why dont you explain on why a country requires to export goods? Have you ever checked the trade balance of US?IfPlague Cointhe Yuan goes up, Chinese exports weaken and China's economy is driven by low tech exports.
Hi value vs low value goods dominated economies. Whilst China has some hi tech in their economy, most of it is low tech and if prices go up, due to a rising Yuan, other exporters like Vietnam etc. become more competitive for the same exports.ok einstein , why dont you explain on why a country requires to export goods? Have you ever checked the trade balance of US?
On Oct. 7, 2022, a seemingly obscure corner of the U.S. Department of Commerce, the Bureau of Industry and Security, delivered a seismic shockwave to the global semiconductor industry. It did so by announcing stringent, unprecedented and unilateral American export controls on advanced computing and semiconductor manufacturing equipment destined for China. Just a little over a year later, on Oct. 17, 2023, the same bureau further strengthened its unilateral restrictions on such exports to China.