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Suppose a journalist says: China is a big exporter, and at the same time it attracts a lot of foreign direct investment. This means that
Suppose a journalist says: "China is a big exporter, and at the same time it attracts a lot of foreign direct investment. This means that China is running trade surpluses and has large net capital inflows at the same time, which must make its currency very expensive." Does such an assertion make economic sense? To your knowledge, how much does it correspond to reality
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