The mainland is already struggling to maintain export growth, which was just 0.5% last year.
It is export growth that is keeping the U.S. from sliding into the usual deep recession.
"Real export growth outpaced import growth in all four quarters of 2006, " Lazear said.
Over the past couple of years, Europe's economies have been supported by strong export growth.
China's economy would probably still expand by around 8-9% even if export growth dried up.
But after estimated growth of 15% this year, export growth may merely halve in 1998.
Analysts said that given these issues China's export growth may slow in the coming months.
China's purchases of US Treasuries will naturally slow down along with its export growth.
The euro area had leant heavily on strong export growth to keep it moving.
So we are going to be scouring federal regulations, restrictions, et cetera that are inhibiting export growth.
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The above Clusterstock chart from Business Insider shows amazing export growth from US companies shipping to China.
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Almost three-quarters of Japan's export growth since 1990 has been generated by increasing sales into Asian markets.
Suppose export growth fell to zero next year, as a result of a sharp slowdown in America.
Export growth may weaken, in part because higher interest rates have pushed up the real, the currency.
Stephen Green of Standard Chartered thinks export growth could fall to zero next year and even turn negative.
Export growth is likely to soften, because America's trading partners in the rich world are now struggling too.
Exports to China accounted for about one-fifth of total export growth last year in America and the European Union.
For example, in 1993 alone firms exporting existing products to existing markets accounted for 91% of total export growth.
The General Administration of Customs said export growth slowed to 10 percent from the previous two-month period's 23.6 percent.
So far 2010 is showing promise for exporters, but it's far from clear whether export growth can be sustained.
Export growth slowed to 10 percent from the previous two-month period's 23.6 percent.
But some companies may have trouble relying on export growth in the future.
Indeed America's export growth has been much stronger (a sudden surge in imports was behind the second-quarter trade gap).
With export growth now slowing, Japan will have to rely more on domestic demand, but the economy is sluggish.
Foreign-investment inflows are slowing, and slower export growth will shrink the trade surplus.
China accounted, on average, for almost half of the total export growth of the other East Asian economies last year.
"There are some positive things happening, " he added - with the rate of employment, export growth and business start-ups all rising.
In addition to the need for access to buyers abroad, export growth depends on the health of the country's industrial sector.
The line-up this year: Credit and housing markets, export growth, health care, tax policy, infrastructure, alternative energy and improving economic statistics.
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But many economists think that, to boost export growth, the government should devalue faster once its fiscal measures have been approved.
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