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by elcomet 2004 days ago
When they export, money gets in. But they don't import much , if you look at china's trade balance, it's at + 421 billion dollars [1] (money going in) while USA is at -616 B [2].

So it's in fact hard to get money out of china.

[1] https://www.statista.com/statistics/263632/trade-balance-of-...

[2] https://www.statista.com/statistics/220041/total-value-of-us...

1 comments

But the total import of China in 2019 is $2.09 trillion. Which is 5 times the surplus you mentioned.

If your think that surplus is a lot, then 5 times that is definitely not "they don't import much"