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“If you step back and think about it, just a little over two years ago, in 2009, it was not surprising at all to see Chinese exports growing at a 30-plus percent clip.” quote by Charles Dallara
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“If you step back and think about it, just a little over two years ago, in 2009, it was not surprising at all to see Chinese exports growing at a 30-plus percent clip.”

Charles Dallara

About This Quote

Source Speech: Economic Forum, 2009

He notes that rapid Chinese export growth in 2009 was expected.

In simple terms: Chinese exports grew fast, which was anticipated.

Key Takeaway

Expectations shape economic analysis.

Themes

economics global trade forecasting history

Mood

analytical neutral

Type

informative economic

When to use this quote

  • policy planning
  • investment decisions
  • market analysis

Key Concepts

macro economics emerging markets growth trends

Questions to Reflect On

  • How do forecasts influence policy?
  • What factors could disrupt expected growth?
A Different Perspective

Unexpected shocks can still occur despite forecasts.

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