China

21 posts
China’s Imbalanced Trade with the United States, in Four Charts

A trade war could be looming between the United States and China, fueled by President Trump’s fixation on the two nations’ unbalanced import-export relationship. The trade imbalance between the two countries — which might not hurt the United States that much — stems from the fact that China sells more to us than it buys, essentially. That’s largely driven by macroeconomic factors, not some malicious intent: China is a low-cost manufacturing powerhouse,...

0 0
How China’s Economic Retaliation Hurt the South Korean Tourism Industry

I wrote this week about the one-year anniversary of China’s economic retaliation against South Korea over the THAAD missile system, a defensive weapon designed to stop North Korea’s medium-range missiles. China objects to it and has been flexing its economic muscle in protest, carrying out an aggressive campaign of economic retaliation that includes sending fewer tourists. In 2017, just over 4 million Chinese visited South Korea, down from roughly 8...

0 0
The Curious Case of South Korea’s Vanishing Washing Machine Exports

The Trump administration last week announced that it planned to impose higher fees, known as tariffs, to countries that export washing machines and solar panels the United States. The tariffs, prompted by complaints from American companies who feel disadvantaged by global trade, were applied across the world — even though they seem primarily aimed at two nations who dominate the market: China and South Korea. That’s in part because both countries...

0 0
The Curious Case of South Korea’s Vanishing Washing Machine Exports

The Trump administration last week announced that it planned to impose higher fees, known as tariffs, to countries that export washing machines and solar panels the United States. The tariffs, prompted by complaints from American companies who feel disadvantaged by global trade, were applied across the world — even though they seem primarily aimed at two nations who dominate the market: China and South Korea. That’s in part because both countries...

0 0
America Imports Lots of Stuff from China, Including Christmas Decorations

Last year, the United States imported more than $460 billion in goods — clothes, toys, gadgets, you name it — from China. Of course, our Christmas decorations were on that list, too. Some $2.2 billion in fake trees, miniature lights and assorted ornaments came from the Middle Kingdom last year, according to the U.S. Census Bureau’s detailed trade database. The Christmas trade in ornaments is big business. It skyrocketed in the...

0 0
Teaching Data Journalism In China

I’ve just returned from a week in China, teaching data journalism to students from all over the country at Fudan University (sponsored by the U.S. China Education Trust). Helped by a fabulous co-instructor, Yan Lu, we taught them about acquiring data, data wrangling, storytelling, visualization, SQL, mapping, news apps and more. The students, working journalists and professors, were quite impressive. Working in groups, they created several data-driven projects of their...

0 0
International impact of China’s economic slowdown

China's economic slowdown means a major decline in imports from other countries, which leads to significant effects in these areas. The Guardian takes a look. The vertical axis represents lost export income as a percentage of GDP, the size of the outer red circle represents GDP, and the inner white circle represents exports to China. Dollar units are in billions of dollars. Billions. Tags: China, economy, Guardian

0 0