The countries of the world are again faced with an influx of cheap Chinese imported goods, as China increases their output, exceeding domestic demand. This is reported by The Wall Street Journal with reference to economists.
According to the publication, China is doubling exports to stimulate slowing economic growth.
One of the economists noted that this time the Western countries have every reason to worry, as China is competing in the market of high-tech products.
Earlier, the Bloomberg agency predicted new trade wars associated with the growth of production in China.