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.
1 U.S. demand for Mexican imports increased. 2  This increased U.S. demand for pesos. 3  The increased U.S. demand for pesos raised the price of the peso in dollars. 4  When Americans purchase more imports from Mexicoâholding all else equalâU.S. net exports (and GDP and employment) will decrease.