Fra

nce

Ital

y

Irel

and

Fin

land

Por

tuga

l

Aus

tira

Spa

in

Bel

gium

Net

herla

nds

Ger

man

y

-3%

-2%

-1%

0%

1%

2%

Percent Change ofTotal EU Exports

(Internal and External, 2000-2010)

Chinese Finances

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

0

2,000

4,000

6,000

8,000

10,000

12,000

China LoansUS LoansChina Money SupplyUS Money Supply

US

D b

illio

n

exports > consumption 'balanced'  investment > consumption > exports investment -30% > consumption