Indeed, 42% of Chinese exports go to Europe, the United States, and Japan – three economies that are flirting with secular stagnation. And Europe, China’s largest export market, has struggled the most.
事实上，42%的中国出口流向了欧洲、美国和日本——这三个经济体都在经历长期停滞。其中最大出口市场欧洲最为困难。