According to the WSJ dated Dec 11, 2008, Chinese slowdown is obvious when its export was reported to fell 2.2% from a year earlier, imports fell 17.9%, crude oil import fell 17.3% from october.
Yet, China gained in terms of current account surplus. The hopes that China resurrects the world from crisis is getting dimmer. China has to share it is current account surplus to the rest of the world especiall America or the crisis will never end. It is time to end the only China wins game , it should be win-win for everyone.
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