INSUBCONTINENT EXCLUSIVE:
(Opinion) The changing Chinese economy is impacting the world as prices for its major exports such as steel and cars decrease, reshaping
global trade.Companies in China face weaker demand at home
exports in dollars grew in November
They sent more goods to big partners, like the U.S
Prices have fallen up to 40%
This has led to more exports.Countries like Thailand feel the impact
(Photo Internet reproduction)In autos, similar trends are seen
More Chinese cars are selling abroad
But their prices are lower.This is partly because China is focusing more on electric vehicles now.Consumer goods follow this pattern too
Items like appliances are cheaper by 10%
This is the fastest drop in three years
