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The Young Investors Podcast
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China's Decline in Exports and Imports
The country also reported a 14.5% decline in exports and a 12.4% decline in imports. In fact, the CCP is now under pressure and thinking about putting in place policies that actually encourage people to go out there and spend their money. So unlike most of the economies that we've been talking about, where they have a crazy, strong demand side still from all the factors that I was talking about before that we just discussed, in China, they just don't have that same demand issue.
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