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China's trade shrinks in April in troubling sign for economy

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China's trade shrinks in April in troubling sign for economy

Is anyone really surprised? The world economy has been tanking for a while now, that's definitely going to affect China's trade. Besides, isn't it the plan of many governments to fight against China's trade and actions in the China Sea? Wasn't part of the TPP designed to combat against China's rapid growth & trade?

Unfortunately the world economy is so bad that even a small country like Greece can topple it, I hate to think what happens if to the economy if China fails?

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It will eventually. Most economists agree that China will experience the same lost decades that Japan has. When it actually crashes we will be in serious trouble: especially those of us who are here in Japan.

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I'm not really surprised their national railway company, China Railway Corporation's total deficit is 4.1 Trillion RMB or 630 billion dollars US. Even AMTRAK doesn't come close to that amount.

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