China's exports grew by 7.2% in July, with Southeast Asia and Africa seeing growth more than twice as fast.

New York Times Chinese Website wrote today (August 7): "China's overall exports increased by 7.2% year-on-year in July, and the growth rate of exports to Southeast Asia and Africa was more than twice that of the overall exports. These regions are important transit points for goods to the United States. In addition, China's exports to the European Union also saw a significant increase."

[Witty] Comment: The US is keen on letting intermediaries "take a slice of the pie." What can be done about it? Goods flow like water, naturally to areas of value, and low price and high quality have no trouble finding their way. With the current complex transnational industrial supply chains, importing goods from Southeast Asia cannot avoid using Chinese components and technology. If the US lacks the strength to cut the supply chain link between Southeast Asia and China - whose economic ties are much closer than with the US - and wants to prevent Chinese products, then there is only one path left: "cutting itself off from the world"!

Original: www.toutiao.com/article/1839797326651715/

Statement: This article represents the views of the author.