Why Chinaโs export engine may hit a ceiling as trading partners face limits
While Chinaโs export engine still has room to grow, many of its trading partners may be approaching the limit of how much more they can absorb, which could place a ceiling on further growth over the coming years, according to a Goldman Sachs report. โAt least over the next few years, there is still room for Chinese exports to maintain their strong momentum,โ analysts said in the report led by the American investment bankโs chief China economist Hui Shan on Wednesday. โOver the longer term,...