China has one worth $421B. What is it. A trade surplus. Who bears the weight of a trade deficit or benefits from a trade surplus. AND is running a trade deficit a bad thing for an economy.
To help us with the conversation is Peter Hall. Peter is the Vice President and Chief Economist for Export Development Canada. With over 30 years of experience in economic analysis and forecasting, Peter is responsible for overseeing EDC’s economic analysis, country risk assessment and corporate research groups. You can also watch Peter’s weekly video commentary by visiting the EDC website at www.edc.ca