Japan = US future

Out of context: Reply #6

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• ETM0

  @Miguex

  Sorry, rather than spout opinion, here's fact:

  IN 2009 China's exports to the US were worth $298.3 billion. That was already down 10 percent from 2008 thanks to the recession.

  China's global exports total for 2009 were $1.2 trillion (down $200 billion from the year before).

  So if the US represents almost $300 billion of the $1.2 trillion total, that means the US alone consumes about 25% of their exports.

  So, if one of your clients, responsible for 25% of your entire business decides to spend less, wouldn't you be concerned, at least short term?

  ETM 0Permalink

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  • True. But symbiosis is boring. We want winners and loosers here.inteliboy
  • Its not exactly Lucky Strike leaving SCDP sort of deal, buts it's a big deal regardless.ETM
  • hold on, let me calculate. yep 300billion is 25% of 1.2 trillion
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  • *clapsETM

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