COLONIALISM AND IMPERIALISM
IMPERIALISM IN ASIA
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
trading shortage
|
|
|
trading surplus
|
|
|
trade deficit
|
|
|
trade balance
|
Detailed explanation-1: -China has bilateral investment agreements with over 100 countries and economies, including Austria, the Belgium-Luxembourg Economic Union, Canada, France, Germany, Italy, Japan, South Korea, Spain, Thailand, and the United Kingdom.
Detailed explanation-2: -Jan. 12, 2023, at 10:42 p.m. BEIJING (AP)-China’s trade surplus swelled to a record $877.6 billion last year as exports rose 7% despite weakening U.S. and European demand and anti-virus controls that temporarily shut down Shanghai and other industrial centers.
Detailed explanation-3: -In December 2022, the trade surplus in China amounted to approximately 78 billion U.S. dollars. A positive value implies a trade surplus, a negative trade balance implies a trade deficit. China surpassed the United States as the worlds’ largest goods trading economy in 2013.
Detailed explanation-4: -In the long-term, the China Balance of Trade is projected to trend around 76.00 USD Billion in 2024 and 83.00 USD Billion in 2025, according to our econometric models. Since 1995, China has been recording consistent trade surpluses.