Chinas reales Wachstum andererseits war dreimal so hoch wie das von Brasilien und Russland, aber seine Terms of Trade verschlechterten sich um 26%, weil seine in den Export gehenden Fertigungsgüter sich verbilligten, während seine Rohstoffimporte sich verteuerten.
By contrast, China’s real growth was three times that of Brazil and Russia, but its terms of trade actually deteriorated by 26%, because its manufactured exports became cheaper while its commodity imports became more expensive.