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China: These Trade Numbers Are Awful

I believe you misunderstood me. There's no way I can deny the facts of economic slowdown, increasing unemployment, and shuttering factories in the PRD region. On the other hand, I'd like to dispute the cause; I don't think that an imbalanced economy overly based on exports is to blame.

The problem with your analogy criticizing the value-added approach is that in NYC's case all of the inputs come from the city economy. In China's case, the inputs come from outside the country. So when demand for inputs fall, the detriments are primarily experienced by the supplier countries instead of the producing country. Perhaps I misunderstood something? I thank you for taking the time to write a detailed response to my link; if I'm still mistaken, would you please be kind enough to correct me?