Скачать или смотреть China’s New Export Superpower? High-Tech, Low-Tech and a Record Trade Surplus Explained

China is on track to run the biggest trade and current‑account surplus the world has ever seen, even larger than the United States right after World War II.
In this video, we break down how Beijing is trying to dominate both high‑tech and low‑tech industries and what that means for the global economy.
You’ll learn:
Why Goldman Sachs economists expect China’s current‑account surplus to reach about 1% of global GDP by 2029, surpassing the US in the late 1940s.
How China became a manufacturing powerhouse in everything from basic goods to advanced technologies like EVs, batteries and solar equipment.
Why a growing surplus and record goods exports are sparking trade tensions and new protectionist measures from the US and other economies.
The role of policies like "Made in China 2025" and industrial subsidies in pushing Chinese firms up the value chain.
What a 1% of global GDP current‑account surplus actually means for currencies, jobs and global demand.
This video is perfect if you’re interested in China’s rise, global trade imbalances, deglobalization, and the future of high‑ and low‑tech manufacturing.
Timestamps:
00:00 – China’s new export boom
02:10 – From WWII America to today’s China
04:30 – High‑tech: EVs, solar, batteries, chips
07:15 – Low‑tech dominance and price wars
10:00 – The 1% of global GDP surplus explained
13:00 – Trade wars, tariffs and policy backlash
16:00 – What this means for investors and workers