President Trump likes to say America’s economy is the best ever, perhaps he meant to say China’s economy is the best ever.

In an article by Daisuke Wakabayashi of the New York Times News Service, another month, another trade surplus of more than $100 billion for China. According to the Chinese General Administration of Customs, the trade surplus in July was $112.5 billion. It is the 3rd straight month in which Chinese exports exceeded $100 billion.

The war in Iran increased oil and gas prices, which has helped spur demand for Chinese electric vehicles and renewable products such as solar cells.

Chinese manufacturers hurt by overcapacity and relentless prices competition has sought growth aboard by inundating overseas markets with low-cost goods.

The growth in exports has helped stabilize the country’s finances as domestically, there is a persistent weakness in the domestic economy. Chines exports are benefiting from the global spending for artificial intelligence.

When President Trump imposed tariffs, everyone believed that would hurt Chinese manufacturing of exports. Oil exports increased 22% from June but are down 25% from a year earlier. The Chinese have tapped into their stockpile of oil and have done a super job in reducing the use of fossil fuels.

Linking to dividend paying stocks, when you buy into these companies you expect some diversification of income streams which allows profits to be made no matter the economic cycle. Diversification is a good thing.

There are more questions than answers, till the next time – to raising questions.