Tuesday, December 8, 2009

China and Japan bashing

How do they compare when back in the 80s there was fear that Japan was taking over the world? The picture is the trade balance for China (red) and Japan (blue) from 1985 to current in millions of dollars (current dollars, I believe).

Here is how it looks expressed as a percentage of GDP.

Trade balance data is fromCensus and GDP data is from FRED.

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