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China is often seen as the “factory of the world,” much to the concern of other economies around the world. A recent analysis even shows that China might be understating its trade surplus – and may be far bigger. But what is a trade surplus, and why is China understanding it?
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1 – https://www.ft.com/content/f3ee37e0-b086-11ea-a4b6-31f1eedf762e
2 – https://tradingeconomics.com/china/current-account-to-gdp
3 – https://www.cfr.org/blog/chinas-current-account-surplus-likely-much-bigger-reported
4 – https://www.cfr.org/blog/chinas-current-account-surplus-likely-much-bigger-reported
5 – https://www.ft.com/content/ae517907-0244-4344-ad0a-1d029c03555b
00:00 – Introduction
01:30 – What is a Trade Surplus?
05:12 – Why is China Understating Theirs?
07:45 – Sponsored Content