Now shopping mall giant (Dalian) Wanda, owned by Chinaâs richest man Wang Jianlin, and Vanke, the worldâs biggest residential real estate developer, founded by the mountaineering-loving Wang Shi, have âstunned the capital markets,â in the words of Chinese news site The Paper, by announcing a âstrategic partnership.â.
The second macroeconomic consideration of increased imports is the impact on exchange rates. As we have shown in the previous section, as U.S. consumers increase their consumption of imports, the supply of dollars in foreign exchange markets rises.
U.S. export prices advanced 0.4 percent in July, after decreasing 0.2 percent in June. Imports All Imports: Import prices advanced 0.1 percent in July, after a 0.2-percent decrease in June and a 0.1- percent drop in May. The price index for U.S. imports rose over the past year, increasing 1.5 percent.