User 71460

The Consumer Driven Commodities Bull

Can the author also provide his estimate of the effects of the downturn in the US economy on the 27% of the China's GDP dependent on exports, and its consequences on the consumer demand that powers 37% of its GDP?

One could reasonably assume that the impact of the drop in US demand for Chinese goods due to its recession would result in layoffs in the Chinese export sector, thus adversely affecting China's consumer sector spending...