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Does China need the US Market more than we need them to buy our bonds?
Through their state sponsored media, the Chinese have been dropping veiled threats at President-Elect Trump due to his speaking with Taiwan and speaking out loud about how they devalue their currency. China only owns about 6.5% of the US debt currently; much less than everyone in government wants the people to think. The belief is that China needs our markets much more than we need their money or anything else. India, a democratic nation, is already gearing up for a possible entry into our markets, replacing Chinese goods if necessary. Is Communist China about to be schooled?
It is a trade partnership. Both parties, China and the US will suffer if a trade war breaks out. The currency is the bigger problem. In order for a fair trade to take place, the currency of the countries must be adjusted based on the strngth of the country's economy. By manipulating the currency, China has unduly affected the free trade between our countries.
I think it would be a great thing if China's domestic market grew enough that they didn't have to sell stuff to us by the millions of tons to keep their people employed.
Right now, though, they need us buying their stuff to avoid mass violence from unhappy, unemployed people.
by fishskinfreak20087 years ago
Web-site/URL: http://www.cbsnews.com/8301-503983_162- … ?tag=stackConsidering the fact that CHINA thinks that they are the giants of the world and can do whatever they want when they want and without...
by ryankett7 years ago
Apple didn't really try and crack the Chinese market with the iPad, it took ages for them to release it, but after 125,000 sales it was estimated that 1 million of them ended up in China through alternative channels and...
by Ralph Deeds5 years ago
Economists Agree: Solutions Are ElusiveBy EDUARDO PORTERPublished: April 23, 2013 "Last week the International Monetary Fund hosted a conference of some of the world’s top macroeconomists to assess...
by Rob Welsh8 years ago
The Chinese Economy has double digit growth annually and a population that seeks more information at a phenominal rate.Do you see any benefits in wrting for emerging markets?If so, what, how and why?
by qwark7 years ago
They are a billion plus and increasing, yet suffer little "within," and deftly resist being involved in war in other countries.They rule with an "iron fist" and stop internal dissonance...
by Dr Billy Kidd5 years ago
In the video for major campaign donors, Romney explains the details of the work farms with guard towers in China which Bain bought for off-shoring American jobs. http://www.youtube.com/watch?v=e-0imhVH …...
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