A Similar Gap in Korea Imports: Evans-Pritchard

The video discusses trade discrepancies between China and Hong Kong, focusing on precious metals and stones. It highlights how these discrepancies are used to bypass capital controls, with similar issues noted in trade with Korea. The video also examines the impact on import and export growth, the reliability of trade data, and factors contributing to China's economic growth, such as a strong service sector and employment rates.

What does the text suggest about the relationship between trade data and capital controls in China?

How has the service sector's performance influenced policymakers' responses to economic weakness?