Fra
nce
Ital
y
Irel
and
Fin
land
Por
tuga
l
Aus
tira
Spa
in
Bel
gium
Net
herla
nds
Ger
man
y
-3%
-2%
-1%
0%
1%
2%
Percent Change ofTotal EU Exports
(Internal and External, 2000-2010)
Chinese Finances
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
0
2,000
4,000
6,000
8,000
10,000
12,000
China LoansUS LoansChina Money SupplyUS Money Supply
US
D b
illio
n
exports > consumption 'balanced' investment > consumption > exports investment -30% > consumption