Despite the predictions of the Western media according to which the Chinese economy is beginning to show «worrying symptoms of slowdown,» the first balance sheet figures for the year 2023 show investment in fixed assets has had a year-on-year growth of 3%, the added value of industrial production has grown by 4.6%, sales of consumer goods have increased by 7.2%. These global data show a strengthening of the internal market in China much greater than that of the OECD countries whose leaders seem to live in a parallel reality.
In regard to Foreign Trade, according to Bankinter, the Chinese trade surplus in 2023 as a whole amounts to 878 Bn$, a historical maximum quite far from the 150 + 150 Bn$ per year that it had with the USA + EU in the previous decade. According to the same source, exports slow down -9.9% (decrease in demand at a global level) and Imports also, but less: -7.5%, which seems to be «good news» for Western media. , who logically should be more interested in how to sell products to China, instead of rejoicing at the «contraction» of their International Trade. The EU remains committed to its suicidal policy of commercially isolating China, the only consequence of which is the progressive irrelevance of its economic role in International Trade.