U.S.'s economic nemesis is the poster child for self-sufficiency: China's exports are so huge they're now lowering inflation in other countries | Fortune
fortune.com
A discrepancy between China's export data and U.S. import data is "not because ships are sinking mid-Pacific," notes UBS's Paul Donovan.

cross-posted from : https://lemmy.zip/post/68761705

Those exports are so cheap and ubiquitous that they’re reducing inflation in some developed markets, according to Goldman Sachs.