[Marxism] China In, China Out

[S. Artesian]

Recent trade figures for China show year-over-year declines for last month in exports of app 17% and import declines by a startling 42%.  Now I think this indicates just how dependent China's "domestic" growth is on exports, and indeed how weak the domestic market is in China.  Doesn't prove it, by no means, but certainly makes one think....

Chinese banks also more than doubled their lending on year-over-year,  AND, month-to-month comparisons in January.  

The fundamentally fragile nature of the Chinese economy is being exposed, and exposed to severe dislocation.  

If, in this general situation of deflation, there is a country where inflation might erupt and ravage the national currency-- I think China is it.