{"id":145205,"date":"2026-01-30T01:30:08","date_gmt":"2026-01-30T01:30:08","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=145205"},"modified":"2026-01-30T01:30:08","modified_gmt":"2026-01-30T01:30:08","slug":"fears-of-overcapacity-ignore-chinas-full-balance-of-payments-picture","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=145205","title":{"rendered":"Fears of overcapacity ignore China\u2019s full balance of payments picture"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostThe notion that China is flooding the world with excess industrial capacity is usually based on its massive surplus in goods trade, now standing at nearly US$1.2 trillion. That number is real, but treating it as proof of systemic overcapacity is not entirely correct.<br \/>\nGoods trade is only one slice of China\u2019s external balance, and it is increasingly offset by large outflows such as import of services and investment income payments.<br \/>\nMoreover, China\u2019s total current account surplus is US$657 billion&#8230;<a href=\"https:\/\/www.scmp.com\/opinion\/china-opinion\/article\/3341555\/fears-overcapacity-ignore-chinas-full-balance-payments-picture?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostThe notion that China is flooding the world with excess industrial capacity is usually based on its massive surplus in goods trade, now standing&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/145205"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=145205"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/145205\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=145205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=145205"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=145205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}