珍珠湾

岳东晓

Zhen Zhu Wan Online Community Club of Elite Chinese

Zhen Zhu Wan Online Community Club of Elite Chinese


history repeat itself
Replying to: As the world relies more on China’s exports, China is... -- Khan Post ReplyForum


swoosh

06/12/2023, 23:52:37




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before it was Asian tigers who exported goods to the US, then came China, and Asian tigers exported their supply parts to China to be assembled before exporting to the US, making it look like made in China suddenly dominated US market and trade deficit. Now they are rearranging the chess board again. China now took the Asian tigers roles, while Vietnam, Mexico and possibly India will take Chinese role. But I do wonder how long can the US sustain their ever ballooning debts, and how long will China tolerate the dominance of dollars in the face of the US hostility and uncontrollable debts.






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