Chart of the Week: Chinese and World Exports
Posted By Barry Ritholtz On November 29, 2004 @ 3:55 pm In Markets | Comments Disabled
Chinese exports, which were growing 10% faster than world trade in 2002, are now growing nearly 20% faster, according to Charles Dumas of Lombard Street Research. Asian surpluses contribute to the US deficit “problem.” The dollar-yuan currency contains the undervalued yuan as well as the overvalued greenback.
Chinese and World Exports (12 month MA, Y/Y)
[1]
Source: Lombard Street Research
Dumas believes China is slowing, and will likely to suffer a hard landing. Rapid export growth – even unfairly rapid export growth – will be welcome in 2005.
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Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2004/11/chart-of-the-week-chinese-and-world-exports/
URLs in this post:
[1] Image: http://bigpicture.typepad.com/photos/uncategorized/chinese_exports_1.jpg
[2] Too Much! : http://www.pimco.com/LeftNav/Late+Breaking+Commentary/IO/2004/IO+December+2004.htm
[3] The FCC Chairman Has No Clothes: http://www.washingtonpost.com/wp-dyn/articles/A62718%202004Nov19.html
[4] Why Harvard Is Bad for Wall Street: http://slate.msn.com/id/2109982/
[5] John Snow at The Royal Institute of International Affairs: http://www.treas.gov/press/releases/js2105.htm
[6] Google’s little-known government specific search engine: http://www.google.com/unclesam
[7] True love’s Christmas gift tally: $66,334 : http://www.msnbc.msn.com/id//6604102/
[8] Martin Zweig: http://www.brainyquote.com/quotes/authors/m/martin_zweig.html
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