[Thud]

This looks mighty like a "Pay attention to me!" accounting gimmick by Mr. Anderson.

Note that China's GDP was recently adjusted way, way down for purchasing power parity (ours was too, but not anyway near so much proportionately).

I.e., we just had the baseline of China's GDP for comparison to exports go way, way down. If exports are not adjusted (for purposes of example), the proportion of China's GDP due to exports would be significantly higher.

I have no problem with a re-examination of export volume to go with the PPP adjustment to GDP, but this one smells.

[charles m]

Give me a break. Exports/imports calculations are based on exchange rate GDP conversions, NEVER PPP. The World Bank’s downward adjustment of China’s GDP by PPP has no bearing on exports/imports data.

[spanalot]

“I have no problem with a re-examination of export volume to go with the PPP adjustment to GDP, but this one smells.”

bingo